Brenntag AG (BNTGY) – What Are Brokerages Thinking About This Stock?

Shares of Brenntag AG (OTCMKTS:BNTGY) have been assigned an average rating of “Reduce” from the seven ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company.

Several research analysts have issued reports on the company. DZ Bank upgraded Brenntag from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Morgan Stanley reissued an “underweight” rating on shares of Brenntag in a research note on Friday, August 14th.

Brenntag Trading Up 2.5%

Shares of BNTGY stock opened at $14.29 on Thursday. The firm’s fifty day simple moving average is $13.92 and its 200 day simple moving average is $13.29. The firm has a market capitalization of $10.32 billion, a P/E ratio of 24.23 and a beta of 0.61. Brenntag has a 1 year low of $10.19 and a 1 year high of $14.97.

Brenntag (OTCMKTS:BNTGY) last released its earnings results on Wednesday, August 12th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.04. Brenntag had a return on equity of 8.30% and a net margin of 2.41%. The business had revenue of $4.96 billion for the quarter, compared to the consensus estimate of $4.66 billion. Equities research analysts anticipate that Brenntag will post 0.85 EPS for the current fiscal year.

Brenntag Company Profile

Brenntag SE is a Germany-based global distributor of chemicals and related ingredients. The company supplies a broad portfolio of industrial and specialty chemicals to customers in industries such as water treatment, agriculture, food and nutrition, pharmaceuticals, personal care, coatings, and energy.

In addition to sourcing and distributing chemical products, Brenntag provides services that support customers and suppliers throughout the supply chain. These services include storage, transportation, blending and mixing, formulation, packaging, technical support, regulatory assistance, and other customized supply-chain solutions.

Founded in Berlin in 1874, Brenntag has developed into an international chemical distribution business serving customers across Europe, North and Latin America, Asia-Pacific, and other global markets.