Brenntag AG (OTCMKTS:BNTGY) Receives Consensus Rating of "Reduce" from Analysts

Key Points

• Brenntag AG has received a consensus rating of "Reduce" from six analysts, with one sell rating and five hold ratings for its stock.
• The company reported earnings of $0.07 per share for the last quarter, falling short of the consensus estimate of $0.22 by $0.15, despite revenue exceeding analyst expectations.
• Brenntag's stock has a current market capitalization of $8.61 billion, with a year-to-date trading range between $11.09 and $15.07.

Shares of Brenntag AG (OTCMKTS:BNTGY - Get Free Report) have earned an average rating of "Reduce" from the six analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company.

Several equities analysts recently commented on the stock. Berenberg Bank cut shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Brenntag in a research note on Wednesday.

Brenntag Trading Down 0.9%

Shares of Brenntag stock traded down $0.11 on Wednesday, reaching $11.92. 33,716 shares of the stock were exchanged, compared to its average volume of 53,027. Brenntag has a 1-year low of $11.09 and a 1-year high of $15.07. The business has a fifty day moving average price of $12.48 and a two-hundred day moving average price of $12.99. The firm has a market capitalization of $8.61 billion, a PE ratio of 18.63 and a beta of 0.84.

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

About Brenntag

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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