Citigroup downgraded shares of Brenntag (OTCMKTS:BNTGY – Free Report) from a strong-buy rating to a hold rating in a report released on Wednesday,Zacks.com reports.
Brenntag Stock Performance
Shares of OTCMKTS:BNTGY opened at $12.48 on Wednesday. The firm has a market cap of $9.01 billion, a price-to-earnings ratio of 15.41 and a beta of 1.13. The business has a 50-day simple moving average of $13.70 and a two-hundred day simple moving average of $14.14. Brenntag has a fifty-two week low of $11.79 and a fifty-two week high of $18.72.
Brenntag (OTCMKTS:BNTGY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.22 earnings per share for the quarter. Brenntag had a net margin of 3.36% and a return on equity of 12.28%. The company had revenue of $4.50 billion for the quarter. As a group, research analysts predict that Brenntag will post 0.96 earnings per share for the current 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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