UBS Group set a €52.50 ($61.05) price objective on Brenntag (FRA:BNR) in a research note issued to investors on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued reports about the company. Commerzbank set a €45.00 ($52.33) target price on Brenntag and gave the stock a neutral rating in a research report on Thursday, November 15th. Baader Bank set a €62.00 ($72.09) target price on Brenntag and gave the stock a buy rating in a research report on Wednesday, November 7th. Goldman Sachs Group set a €52.00 ($60.47) target price on Brenntag and gave the stock a neutral rating in a research report on Friday, November 16th. Deutsche Bank set a €48.00 ($55.81) target price on Brenntag and gave the stock a buy rating in a research report on Friday, November 23rd. Finally, Warburg Research set a €57.00 ($66.28) target price on Brenntag and gave the stock a buy rating in a research report on Monday, November 12th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Brenntag presently has an average rating of Buy and an average price target of €52.83 ($61.43).
FRA:BNR opened at €43.98 ($51.14) on Monday. Brenntag has a 1 year low of €43.06 ($50.07) and a 1 year high of €56.25 ($65.41).
Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.
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