BRENNTAG AG/ADR (BNTGY) Downgraded to Hold at Zacks Investment Research

BRENNTAG AG/ADR (OTCMKTS:BNTGY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “Brenntag AG engages in the production and distribution of chemicals. It operates through the North America, Latin America, EMEA and Asia Pacific segments. Brenntag AG is headquartered in Mülheim an der Ruhr, Germany. “

A number of other research firms have also issued reports on BNTGY. ValuEngine upgraded BRENNTAG AG/ADR from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. Goldman Sachs Group upgraded BRENNTAG AG/ADR from a “neutral” rating to a “buy” rating in a research report on Monday, January 21st.

Shares of BNTGY opened at $10.07 on Tuesday. The company has a market capitalization of $7.78 billion, a PE ratio of 14.39, a PEG ratio of 1.58 and a beta of 1.14. BRENNTAG AG/ADR has a 52 week low of $8.20 and a 52 week high of $12.86.

BRENNTAG AG/ADR (OTCMKTS:BNTGY) last issued its earnings results on Thursday, May 9th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The company had revenue of $3.70 billion during the quarter. BRENNTAG AG/ADR had a return on equity of 14.14% and a net margin of 3.61%. Research analysts expect that BRENNTAG AG/ADR will post 0.69 earnings per share for the current year.

BRENNTAG AG/ADR Company Profile

Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.

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