Analysts Set Brenntag SE (OTCMKTS:BNTGY) Price Target at $100.00

Shares of Brenntag SE (OTCMKTS:BNTGY – Get Rating) have received an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $100.00.

Several equities research analysts have issued reports on the stock. Citigroup upgraded shares of Brenntag from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 15th. Barclays downgraded shares of Brenntag from an “equal weight” rating to an “underweight” rating in a research note on Monday. Jefferies Financial Group assumed coverage on shares of Brenntag in a research note on Tuesday, February 7th. They set a “hold” rating for the company. Finally, JPMorgan Chase & Co. downgraded shares of Brenntag from an “overweight” rating to a “neutral” rating in a research note on Tuesday, March 14th.

Brenntag Price Performance

OTCMKTS:BNTGY opened at $15.81 on Tuesday. Brenntag has a 1-year low of $10.37 and a 1-year high of $16.71. The firm has a 50 day simple moving average of $15.62 and a 200-day simple moving average of $14.56. The firm has a market cap of $12.21 billion, a PE ratio of 12.26 and a beta of 1.22.

Brenntag (OTCMKTS:BNTGY – Get Rating) last released its earnings results on Wednesday, March 8th. The company reported $0.14 earnings per share (EPS) for the quarter. Brenntag had a net margin of 4.65% and a return on equity of 20.29%. The firm had revenue of $4.83 billion during the quarter. As a group, sell-side analysts expect that Brenntag will post 1.02 earnings per share for the current fiscal year.

Brenntag Company Profile

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Brenntag SE engages in the production and distribution of chemicals. It operates through the following geographical segments: Brenntag Essentials and Brenntag Specialties. The Brenntag Essentials segment markets a portfolio of process chemicals to the industries and applications. The Brenntag Specialties segment focuses on selling ingredients and value-added services to the selected industries Nutrition, Pharma, Personal Care/HI&I(Home, Industrial & Institutional), Material Science (Coatings & Constructions, Polymers, Rubber), Water Treatment and Lubricants.