Goldman Sachs Group set a €56.00 ($65.12) target price on Brenntag (FRA:BNR) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the stock. Jefferies Financial Group set a €49.00 ($56.98) price target on shares of Brenntag and gave the company a neutral rating in a report on Monday, July 1st. Berenberg Bank set a €60.00 ($69.77) price target on shares of Brenntag and gave the company a buy rating in a report on Monday, August 12th. Kepler Capital Markets set a €56.00 ($65.12) price target on shares of Brenntag and gave the company a buy rating in a report on Thursday, May 9th. Nord/LB set a €45.00 ($52.33) price target on shares of Brenntag and gave the company a neutral rating in a report on Friday, May 24th. Finally, Baader Bank set a €50.00 ($58.14) price target on shares of Brenntag and gave the company a buy rating in a report on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of €52.64 ($61.21).

FRA:BNR opened at €40.54 ($47.14) on Wednesday. The company has a fifty day moving average of €43.58 and a 200 day moving average of €44.53. Brenntag has a 52 week low of €43.06 ($50.07) and a 52 week high of €56.25 ($65.41).

About Brenntag

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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