Brenntag SE (OTCMKTS:BNTGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Brenntag SE (OTCMKTS:BNTGYGet Rating) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $95.00.

A number of research analysts have issued reports on the stock. Berenberg Bank upped their price target on shares of Brenntag from €95.00 ($100.00) to €100.00 ($105.26) and gave the company a “buy” rating in a research note on Friday, May 27th. Credit Suisse Group dropped their price objective on shares of Brenntag from €100.00 ($105.26) to €90.00 ($94.74) and set an “outperform” rating on the stock in a report on Monday, March 14th. Finally, Baader Bank raised shares of Brenntag to a “buy” rating in a report on Friday, June 3rd.

Shares of Brenntag stock opened at $12.62 on Friday. Brenntag has a 12-month low of $12.48 and a 12-month high of $20.99. The firm has a market capitalization of $9.75 billion, a price-to-earnings ratio of 18.29 and a beta of 1.32. The firm’s 50 day simple moving average is $15.00 and its two-hundred day simple moving average is $16.21.

The company also recently declared a dividend, which will be paid on Wednesday, June 29th. Investors of record on Monday, June 13th will be issued a dividend of $0.198 per share. This represents a yield of 1.28%. The ex-dividend date of this dividend is Friday, June 10th. Brenntag’s dividend payout ratio (DPR) is presently 28.99%.

Brenntag Company Profile (Get Rating)

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. The company operates through the divisions Brenntag Essentials and Brenntag Specialties. 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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Analyst Recommendations for Brenntag (OTCMKTS:BNTGY)

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