Brenntag SE (OTCMKTS:BNTGY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Brenntag SE (OTCMKTS:BNTGY – Get Rating) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $100.00.

BNTGY has been the subject of several recent research reports. JPMorgan Chase & Co. downgraded Brenntag from an “overweight” rating to a “neutral” rating in a research note on Tuesday, March 14th. Morgan Stanley initiated coverage on Brenntag in a research note on Wednesday, January 25th. They issued an “overweight” rating for the company. Barclays downgraded Brenntag from an “equal weight” rating to an “underweight” rating in a research note on Monday. Citigroup upgraded Brenntag from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 15th. Finally, Jefferies Financial Group assumed coverage on Brenntag in a research note on Tuesday, February 7th. They issued a “hold” rating for the company.

Brenntag Trading Down 1.3 %

Shares of OTCMKTS BNTGY opened at $16.22 on Tuesday. Brenntag has a 12 month low of $10.37 and a 12 month high of $16.71. The stock has a 50 day moving average of $15.53 and a 200-day moving average of $14.51.

Brenntag Company Profile

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Brenntag SE engages in the production and distribution of chemicals. It operates through the following geographical segments: Brenntag Essentials and Brenntag Specialties. The Brenntag Essentials segment markets a portfolio of process chemicals to the industries and applications. The Brenntag Specialties segment focuses on selling ingredients and value-added services to the selected industries Nutrition, Pharma, Personal Care/HI&I(Home, Industrial & Institutional), Material Science (Coatings & Constructions, Polymers, Rubber), Water Treatment and Lubricants.