Brenntag (BNTGY) Expected to Announce Quarterly Earnings on Wednesday

Brenntag (OTCMKTS:BNTGY) is expected to be announcing its results before the market opens on Wednesday, March 11th. Analysts expect the company to announce earnings of $0.2368 per share and revenue of $4.2159 billion for the quarter.

Brenntag Stock Down 2.7%

Shares of BNTGY opened at $10.39 on Monday. The business’s fifty day moving average is $12.17 and its 200 day moving average is $11.81. Brenntag has a 12-month low of $10.29 and a 12-month high of $14.58. The stock has a market cap of $7.50 billion, a P/E ratio of 16.23 and a beta of 0.75.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BNTGY shares. Citigroup restated a “neutral” rating on shares of Brenntag in a report on Friday, November 14th. Barclays raised shares of Brenntag to a “hold” rating in a research report on Thursday, January 15th. Finally, Morgan Stanley lowered shares of Brenntag from an “equal weight” rating to an “underweight” rating in a report on Tuesday, January 6th. Six equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $12.80.

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.