Brenntag (FRA:BNR) received a €101.00 ($118.82) price objective from stock analysts at The Goldman Sachs Group in a note issued to investors on Wednesday, Borsen Zeitung reports. The Goldman Sachs Group’s target price suggests a potential upside of 17.09% from the stock’s current price.
Several other research analysts have also commented on BNR. Deutsche Bank Aktiengesellschaft set a €75.40 ($88.71) price objective on shares of Brenntag in a research note on Wednesday, August 11th. Jefferies Financial Group set a €88.00 ($103.53) target price on shares of Brenntag in a report on Tuesday, July 6th. Baader Bank set a €77.00 ($90.59) target price on shares of Brenntag in a research note on Wednesday. Nord/LB set a €80.00 ($94.12) target price on shares of Brenntag in a research report on Friday, August 13th. Finally, JPMorgan Chase & Co. set a €100.00 ($117.65) price objective on Brenntag in a report on Wednesday, September 8th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Brenntag has an average rating of “Hold” and an average target price of €84.53 ($99.45).
FRA BNR opened at €86.26 ($101.48) on Wednesday. The business’s fifty day simple moving average is €84.42 and its 200-day simple moving average is €77.86. Brenntag has a 52 week low of €43.06 ($50.66) and a 52 week high of €56.25 ($66.18).
Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. It provides value-added services, such as just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well as technical and laboratory services for specialty chemicals.
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