Brenntag (OTCMKTS:BNTGY) Stock Rating Upgraded by DZ Bank

Brenntag (OTCMKTS:BNTGY) was upgraded by stock analysts at DZ Bank from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

BNTGY has been the subject of several other reports. Jefferies Financial Group raised Brenntag from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Morgan Stanley reissued an “underweight” rating on shares of Brenntag in a research note on Friday, May 15th. UBS Group upgraded Brenntag from a “sell” rating to a “neutral” rating in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft lowered Brenntag from a “buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Eight investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Brenntag has an average rating of “Reduce” and an average target price of $12.80.

Brenntag Stock Performance

Shares of OTCMKTS BNTGY opened at $13.78 on Monday. The firm has a 50 day moving average price of $12.95 and a two-hundred day moving average price of $12.84. The stock has a market cap of $9.95 billion, a P/E ratio of 37.25 and a beta of 0.65. Brenntag has a 52-week low of $10.19 and a 52-week high of $14.97.

Brenntag (OTCMKTS:BNTGY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Brenntag had a return on equity of 5.28% and a net margin of 1.55%.The business had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.33 billion. Analysts predict that Brenntag will post 0.8 earnings per share for the current fiscal year.

Brenntag Company Profile

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.