Brenntag AG (OTCMKTS:BNTGY) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• Brenntag AG has received a consensus rating of "Reduce" from six brokerages, with two sell ratings and four hold ratings assigned by analysts.
• The company's latest earnings report revealed a missed EPS forecast, reporting $0.07 versus the expected $0.22, despite generating revenue of $4.39 billion against a consensus of $4.14 billion.
• Brenntag's stock is currently trading at $11.64, with a 52-week range between $10.93 and $14.82.

Brenntag AG (OTCMKTS:BNTGY - Get Free Report) has been assigned a consensus rating of "Reduce" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

A number of analysts recently commented on BNTGY shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Brenntag in a research note on Wednesday, September 24th. UBS Group cut shares of Brenntag from a "hold" rating to a "sell" rating in a research report on Friday, October 10th. Finally, Berenberg Bank lowered shares of Brenntag from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd.

Brenntag Stock Performance

Shares of BNTGY stock opened at $11.64 on Friday. Brenntag has a 52-week low of $10.93 and a 52-week high of $14.82. The company has a 50-day simple moving average of $12.09 and a two-hundred day simple moving average of $12.75. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 18.19 and a beta of 0.85.

Brenntag (OTCMKTS:BNTGY - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.15). Brenntag had a net margin of 2.62% and a return on equity of 9.19%. The company had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $4.14 billion. On average, sell-side analysts forecast that Brenntag will post 0.9 EPS for the current fiscal year.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.

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