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

BNR has been the topic of a number of other reports. HSBC set a €50.50 ($58.72) target price on shares of Brenntag and gave the stock a buy rating in a research report on Monday, September 2nd. Independent Research set a €46.00 ($53.49) target price on shares of Brenntag and gave the stock a neutral rating in a research report on Friday, August 9th. Nord/LB set a €45.00 ($52.33) target price on shares of Brenntag and gave the stock a neutral rating in a research report on Friday, October 4th. Credit Suisse Group set a €49.00 ($56.98) target price on shares of Brenntag and gave the stock a buy rating in a research report on Tuesday, July 30th. Finally, Deutsche Bank set a €50.00 ($58.14) target price on shares of Brenntag and gave the stock a buy rating in a research report on Tuesday, October 22nd. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of €50.65 ($58.89).

FRA:BNR opened at €48.25 ($56.10) on Wednesday. The firm’s 50-day moving average price is €44.77 and its 200-day moving average price is €44.28. Brenntag has a 1-year low of €43.06 ($50.07) and a 1-year 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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