Brenntag AG (OTCMKTS:BNTGY) Receives Consensus Rating of “Reduce” from Analysts

Brenntag AG (OTCMKTS:BNTGY) has received an average recommendation of “Reduce” from the eight research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $12.80.

BNTGY has been the topic of a number of recent research reports. Zacks Research upgraded Brenntag from a “strong sell” rating to a “hold” rating in a research note on Friday, October 17th. UBS Group lowered Brenntag from a “hold” rating to a “sell” rating in a research report on Friday, October 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Brenntag in a report on Wednesday, September 24th. Berenberg Bank downgraded shares of Brenntag from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 3rd. Finally, BNP Paribas started coverage on shares of Brenntag in a research report on Monday, October 20th. They set a “neutral” rating and a $12.80 target price on the stock.

Brenntag Stock Down 0.1%

BNTGY opened at $11.67 on Friday. Brenntag has a 52-week low of $10.93 and a 52-week high of $14.82. The company has a 50 day moving average of $11.98 and a two-hundred day moving average of $12.74. The company has a market cap of $8.42 billion, a P/E ratio of 18.23 and a beta of 0.85.

Brenntag (OTCMKTS:BNTGY) last posted its earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.15). Brenntag had a net margin of 2.62% and a return on equity of 9.19%. The business had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.14 billion. Research analysts anticipate that Brenntag will post 0.9 earnings per share for the current year.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.