Zacks Investment Research Lowers BRENNTAG AG/ADR (OTCMKTS:BNTGY) to Sell

Zacks Investment Research downgraded shares of BRENNTAG AG/ADR (OTCMKTS:BNTGY) from a hold rating to a sell rating in a research report released on Wednesday morning, Zacks.com reports.

According to Zacks, “Brenntag AG engages in the production and distribution of chemicals. It operates through the North America, Latin America, EMEA and Asia Pacific segments. Brenntag AG is headquartered in Mülheim an der Ruhr, Germany. “

A number of other equities analysts also recently issued reports on BNTGY. Nord/LB downgraded BRENNTAG AG/ADR from a buy rating to a hold rating in a research report on Thursday, May 7th. ValuEngine upgraded BRENNTAG AG/ADR from a sell rating to a hold rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. reiterated an overweight rating on shares of BRENNTAG AG/ADR in a research report on Tuesday, March 24th. UBS Group reiterated a buy rating on shares of BRENNTAG AG/ADR in a research report on Tuesday, April 28th. Finally, Berenberg Bank reiterated a buy rating on shares of BRENNTAG AG/ADR in a research report on Tuesday, May 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold.

Shares of BNTGY opened at $10.41 on Wednesday. BRENNTAG AG/ADR has a 52 week low of $6.17 and a 52 week high of $11.61. The company has a quick ratio of 1.26, a current ratio of 1.82 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 15.31 and a beta of 1.46. The stock’s 50-day moving average price is $9.93 and its 200-day moving average price is $9.67.

BRENNTAG AG/ADR (OTCMKTS:BNTGY) last issued its earnings results on Thursday, May 7th. The company reported $0.16 EPS for the quarter. BRENNTAG AG/ADR had a return on equity of 13.64% and a net margin of 3.70%. The firm had revenue of $3.54 billion for the quarter. As a group, equities analysts anticipate that BRENNTAG AG/ADR will post 0.54 EPS for the current fiscal year.

BRENNTAG AG/ADR 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.

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Analyst Recommendations for BRENNTAG AG/ADR (OTCMKTS:BNTGY)

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