Deutsche Bank set a €52.00 ($60.47) price target on Brenntag (FRA:BNR) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. Baader Bank set a €50.00 ($58.14) target price on shares of Brenntag and gave the stock a buy rating in a report on Thursday, April 11th. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Brenntag and gave the stock a buy rating in a report on Thursday, May 9th. Berenberg Bank set a €60.00 ($69.77) target price on shares of Brenntag and gave the stock a buy rating in a report on Thursday, May 9th. Kepler Capital Markets set a €56.00 ($65.12) target price on shares of Brenntag and gave the stock a buy rating in a report on Thursday, May 9th. Finally, UBS Group set a €52.50 ($61.05) target price on shares of Brenntag and gave the stock a buy rating in a report on Thursday, May 9th. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Brenntag has an average rating of Buy and an average target price of €53.39 ($62.09).

Get Brenntag alerts: Brenntag stock opened at €43.31 ($50.36) on Wednesday. The business’s 50-day moving average price is €43.43. Brenntag has a 1-year low of €43.06 ($50.07) and a 1-year high of €56.25 ($65.41).

Brenntag 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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