Zacks Investment Research Upgrades BRENNTAG AG/ADR (OTCMKTS:BNTGY) to “Hold”

BRENNTAG AG/ADR (OTCMKTS:BNTGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, 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. “

Separately, ValuEngine raised shares of BRENNTAG AG/ADR from a “sell” rating to a “hold” rating in a report on Friday, March 15th.

Shares of BRENNTAG AG/ADR stock traded down $0.06 during midday trading on Wednesday, hitting $9.83. 19,512 shares of the company traded hands, compared to its average volume of 60,695. The firm has a market capitalization of $7.56 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 1.55 and a beta of 1.26. The company has a current ratio of 1.76, a quick ratio of 1.21 and a debt-to-equity ratio of 0.08. BRENNTAG AG/ADR has a 12 month low of $8.20 and a 12 month high of $12.86.

BRENNTAG AG/ADR (OTCMKTS:BNTGY) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $3.70 billion for the quarter. BRENNTAG AG/ADR had a net margin of 3.61% and a return on equity of 14.00%. As a group, research analysts anticipate that BRENNTAG AG/ADR will post 0.69 earnings per share for the current year.

About BRENNTAG AG/ADR

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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