Commerzbank Reiterates “€61.00” Price Target for Brenntag (BNR)

Commerzbank set a €61.00 ($70.93) price target on Brenntag (FRA:BNR) in a research report released on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on BNR. Berenberg Bank set a €60.00 ($69.77) target price on shares of Brenntag and gave the company a neutral rating in a report on Wednesday, August 8th. equinet set a €59.80 ($69.53) target price on shares of Brenntag and gave the company a buy rating in a report on Wednesday. Warburg Research set a €60.00 ($69.77) target price on shares of Brenntag and gave the company a buy rating in a report on Wednesday, August 8th. Kepler Capital Markets set a €63.00 ($73.26) target price on shares of Brenntag and gave the company a buy rating in a report on Wednesday. Finally, UBS Group set a €50.00 ($58.14) target price on shares of Brenntag and gave the company a neutral rating in a report on Monday, August 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the stock. Brenntag presently has a consensus rating of Buy and an average price target of €58.49 ($68.01).

BNR stock traded down €2.83 ($3.29) during midday trading on Wednesday, reaching €42.93 ($49.92). 723,724 shares of the company were exchanged. Brenntag has a 1-year low of €43.06 ($50.07) and a 1-year high of €56.25 ($65.41).

Brenntag Company Profile

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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Analyst Recommendations for Brenntag (FRA:BNR)

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