Shares of Brenntag AG (OTCMKTS:BNTGY – Get Free Report) have earned a consensus rating of “Reduce” from the nine analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $12.80.
A number of research analysts recently issued reports on the stock. DZ Bank upgraded shares of Brenntag from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Jefferies Financial Group upgraded Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft cut Brenntag from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Finally, Morgan Stanley restated an “underweight” rating on shares of Brenntag in a research note on Friday, August 14th.
Read Our Latest Research Report on Brenntag
Brenntag Trading Up 0.6%
Brenntag (OTCMKTS:BNTGY – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.25 by $0.04. The business had revenue of $4.96 billion for the quarter, compared to the consensus estimate of $4.66 billion. Brenntag had a net margin of 2.41% and a return on equity of 8.34%. As a group, analysts predict that Brenntag will post 0.85 EPS for the current fiscal year.
About Brenntag
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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