Brenntag (OTCMKTS:BNTGY) Downgraded by DZ Bank to "Strong Sell"

Brenntag (OTCMKTS:BNTGY - Get Free Report) was downgraded by equities research analysts at DZ Bank from a "strong-buy" rating to a "strong sell" rating in a research report issued on Thursday, May 15th,Zacks.com reports.

A number of other equities research analysts have also issued reports on BNTGY. Barclays raised shares of Brenntag from a "strong sell" rating to a "hold" rating in a report on Friday, January 17th. UBS Group cut shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 17th.

Brenntag Stock Up 2.7%

BNTGY traded up $0.36 during trading on Thursday, reaching $13.84. The company's stock had a trading volume of 9,961 shares, compared to its average volume of 75,268. The company has a market cap of $9.99 billion, a price-to-earnings ratio of 17.09 and a beta of 0.93. The firm has a fifty day simple moving average of $13.10 and a two-hundred day simple moving average of $12.80. Brenntag has a 1 year low of $11.09 and a 1 year high of $15.07.

Brenntag (OTCMKTS:BNTGY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.24 by ($0.04). Brenntag had a return on equity of 12.24% and a net margin of 3.36%. As a group, equities analysts forecast that Brenntag will post 0.9 EPS for the current fiscal 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.