Brenntag (BNR) Given a €60.00 Price Target at UBS Group

Brenntag (FRA:BNR) has been assigned a €60.00 ($69.77) target price by research analysts at UBS Group in a research note issued to investors on Wednesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 39.60% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Berenberg Bank set a €60.00 ($69.77) price objective on Brenntag and gave the company a “neutral” rating in a report on Wednesday, August 8th. Hauck & Aufhaeuser set a €62.00 ($72.09) price objective on Brenntag and gave the company a “buy” rating in a report on Tuesday, July 24th. Kepler Capital Markets set a €63.00 ($73.26) price objective on Brenntag and gave the company a “buy” rating in a report on Wednesday, August 8th. Deutsche Bank set a €55.00 ($63.95) price objective on Brenntag and gave the company a “buy” rating in a report on Wednesday, August 8th. Finally, equinet set a €59.80 ($69.53) price objective on Brenntag and gave the company a “buy” rating in a report on Wednesday, August 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of €58.49 ($68.01).

Shares of Brenntag stock opened at €42.98 ($49.98) on Wednesday. Brenntag has a one year low of €43.06 ($50.07) and a one year high of €56.25 ($65.41).

About Brenntag

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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