JPMorgan Chase & Co. Analysts Give Brenntag (FRA:BNR) a €45.00 Price Target

JPMorgan Chase & Co. set a €45.00 ($52.33) price objective on Brenntag (FRA:BNR) in a research note released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other analysts also recently issued reports on BNR. Baader Bank set a €50.00 ($58.14) target price on Brenntag and gave the stock a buy rating in a research report on Wednesday, March 4th. Deutsche Bank set a €35.00 ($40.70) target price on Brenntag and gave the stock a neutral rating in a research report on Friday, March 20th. Goldman Sachs Group set a €59.00 ($68.60) target price on Brenntag and gave the stock a buy rating in a research report on Wednesday, March 4th. Jefferies Financial Group set a €44.00 ($51.16) target price on Brenntag and gave the stock a neutral rating in a research report on Thursday, March 5th. Finally, HSBC set a €58.50 ($68.02) target price on Brenntag and gave the stock a buy rating in a research report on Tuesday, December 3rd. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Brenntag currently has a consensus rating of Buy and a consensus price target of €49.16 ($57.16).

Shares of Brenntag stock opened at €33.29 ($38.71) on Tuesday. The business’s fifty day simple moving average is €41.91 and its 200 day simple moving average is €45.80. Brenntag has a 12 month low of €43.06 ($50.07) and a 12 month high of €56.25 ($65.41).

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.

See Also: Gross Domestic Product (GDP)

Analyst Recommendations for Brenntag (FRA:BNR)

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