Shares of Brenntag AG (OTCMKTS:BNTGY – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the nine research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $12.80.
Several research analysts have recently commented on the stock. Morgan Stanley reissued an “underweight” rating on shares of Brenntag in a research note on Friday, May 15th. Jefferies Financial Group raised shares of Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, UBS Group raised shares of Brenntag from a “sell” rating to a “neutral” rating in a research note on Thursday, April 30th.
Get Our Latest Research Report on BNTGY
Brenntag Stock Performance
Brenntag (OTCMKTS:BNTGY – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). Brenntag had a net margin of 1.55% and a return on equity of 5.38%. The business had revenue of $4.29 billion during the quarter, compared to analysts’ expectations of $4.33 billion. Equities analysts predict that Brenntag will post 0.8 EPS for the current fiscal year.
Brenntag Company Profile
Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.
Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.
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