Brenntag AG (OTCMKTS:BNTGY) Receives Average Rating of “Reduce” from Brokerages

Brenntag AG (OTCMKTS:BNTGYGet Free Report) has received an average rating of “Reduce” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $12.80.

BNTGY has been the topic of several analyst reports. Barclays upgraded shares of Brenntag to a “hold” rating in a research note on Thursday, January 15th. UBS Group upgraded shares of Brenntag from a “sell” rating to a “neutral” rating in a research note on Thursday, April 30th.

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Brenntag Price Performance

OTCMKTS:BNTGY opened at $14.75 on Thursday. The firm’s 50-day moving average price is $12.84 and its 200-day moving average price is $12.15. The company has a market capitalization of $10.65 billion, a PE ratio of 35.98 and a beta of 0.67. Brenntag has a 1-year low of $10.19 and a 1-year high of $14.97.

Brenntag (OTCMKTS:BNTGYGet Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.28). Brenntag had a return on equity of 5.89% and a net margin of 1.71%.The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4.22 billion. Equities analysts anticipate that Brenntag will post 0.7 EPS for the current fiscal year.

About Brenntag

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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.

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Analyst Recommendations for Brenntag (OTCMKTS:BNTGY)

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