Brenntag AG (OTCMKTS:BNTGY) Receives $12.80 Average PT from Brokerages

Brenntag AG (OTCMKTS:BNTGY) has received a consensus recommendation of “Reduce” from the eight research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $12.80.

Several equities research analysts have issued reports on BNTGY shares. Jefferies Financial Group raised Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. UBS Group upgraded Brenntag from a “sell” rating to a “neutral” rating in a research report on Thursday, April 30th. 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 report on Friday, May 15th.

Brenntag Stock Performance

Brenntag stock opened at $13.45 on Tuesday. The firm’s fifty day moving average price is $12.95 and its 200-day moving average price is $12.83. The stock has a market cap of $9.71 billion, a P/E ratio of 36.35 and a beta of 0.65. Brenntag has a fifty-two week low of $10.19 and a fifty-two week high of $14.97.

Brenntag (OTCMKTS:BNTGY) last announced its earnings results on Wednesday, May 13th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $4.29 billion during the quarter, compared to analysts’ expectations of $4.33 billion. Brenntag had a return on equity of 5.28% and a net margin of 1.55%. On average, analysts predict that Brenntag will post 0.8 earnings per share for the current 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.