Brenntag (OTCMKTS:BNTGY - Get Free Report) was downgraded by Berenberg Bank from a "strong-buy" rating to a "hold" rating in a report issued on Thursday,Zacks.com reports.
Separately, DZ Bank cut Brenntag from a "strong-buy" rating to a "strong sell" rating in a report on Thursday, May 15th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".
Check Out Our Latest Stock Analysis on Brenntag
Brenntag Stock Performance
Shares of BNTGY stock opened at $13.20 on Thursday. The stock's fifty day moving average is $13.44 and its 200-day moving average is $12.95. The stock has a market capitalization of $9.53 billion, a PE ratio of 16.71 and a beta of 0.87. Brenntag has a 52 week low of $11.09 and a 52 week high of $15.07.
Brenntag (OTCMKTS:BNTGY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.04). Brenntag had a return on equity of 11.47% and a net margin of 3.24%. As a group, analysts forecast that Brenntag will post 0.9 earnings per share for the current fiscal year.
Brenntag Company Profile
(
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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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