Brenntag (FRA:BNR) PT Set at €50.00 by Baader Bank

Baader Bank set a €50.00 ($58.14) target price on Brenntag (FRA:BNR) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the company. Kepler Capital Markets set a €55.00 ($63.95) price objective on Brenntag and gave the company a buy rating in a research report on Wednesday, November 13th. Jefferies Financial Group set a €44.00 ($51.16) price objective on Brenntag and gave the company a neutral rating in a research report on Thursday, November 7th. Berenberg Bank set a €60.00 ($69.77) price objective on Brenntag and gave the company a buy rating in a research report on Wednesday, December 4th. Nord/LB set a €45.00 ($52.33) price objective on Brenntag and gave the company a neutral rating in a research report on Friday, October 4th. Finally, Deutsche Bank set a €50.00 ($58.14) price objective on Brenntag and gave the company a neutral rating in a research report on Monday, December 2nd. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of €51.87 ($60.31).

BNR stock opened at €48.51 ($56.41) on Monday. Brenntag has a twelve month low of €43.06 ($50.07) and a twelve month high of €56.25 ($65.41). The business’s 50-day moving average price is €48.83 and its 200-day moving average price is €45.85.

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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