Brenntag AG (OTCMKTS:BNTGY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Brenntag AG (OTCMKTS:BNTGY) have received a consensus recommendation of “Reduce” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $12.80.

BNTGY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut shares of Brenntag from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Jefferies Financial Group raised shares of Brenntag from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Morgan Stanley reiterated an “underweight” rating on shares of Brenntag in a research note on Friday, May 15th. Finally, UBS Group upgraded Brenntag from a “sell” rating to a “neutral” rating in a research note on Thursday, April 30th.

Brenntag Price Performance

Shares of BNTGY opened at $12.38 on Friday. Brenntag has a 12 month low of $10.19 and a 12 month high of $14.97. The stock’s 50-day moving average is $13.51 and its two-hundred day moving average is $12.60. The stock has a market cap of $8.94 billion, a PE ratio of 33.46 and a beta of 0.64.

Brenntag (OTCMKTS:BNTGY) last posted its earnings results on Wednesday, May 13th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Brenntag had a net margin of 1.55% and a return on equity of 5.28%. The company had revenue of $4.29 billion during the quarter, compared to analyst estimates of $4.33 billion. On average, research analysts anticipate that Brenntag will post 0.8 earnings per share for the current year.

Brenntag Company Profile

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.