Deutsche Bank set a €52.00 ($60.47) price objective on Brenntag (FRA:BNR) in a research report sent to investors on Wednesday, June 26th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities research analysts also recently issued reports about the company. Kepler Capital Markets set a €112.00 ($130.23) price objective on LEG Immobilien and gave the stock a buy rating in a report on Thursday, May 9th. Jefferies Financial Group restated a buy rating and set a GBX 635 ($8.30) price objective on shares of Meggitt in a report on Wednesday, May 15th. Warburg Research set a €125.00 ($145.35) price objective on Sixt and gave the stock a buy rating in a report on Thursday, May 9th. Goldman Sachs Group started coverage on Beyond Meat in a report on Monday, May 27th. They set a neutral rating and a $67.00 price objective on the stock. Finally, Independent Research set a €146.00 ($169.77) price objective on Pfeiffer Vacuum Technology and gave the stock a neutral rating in a report on Friday, May 24th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of €52.77 ($61.36).
Shares of FRA:BNR traded down €0.69 ($0.80) during mid-day trading on Wednesday, hitting €42.71 ($49.66). 497,340 shares of the company traded hands. Brenntag has a 52-week low of €43.06 ($50.07) and a 52-week high of €56.25 ($65.41). The stock’s 50 day moving average price is €43.01.
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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