UBS downgraded Brenntag (BNTGY) to Sell from Neutral with a price target of EUR 45, down from EUR 56. The firm expects a deteriorating chemical market backdrop to weigh on Brenntag’s volumes.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BNTGY:
- Brenntag price target lowered to EUR 48 from EUR 50 at Deutsche Bank
- Brenntag AG Earnings Call: Strategic Moves Amid Financial Challenges
- Brenntag price target lowered to EUR 52 from EUR 55 at Berenberg
- Brenntag price target lowered to EUR 63 from EUR 65 at Morgan Stanley
- Brenntag price target lowered to EUR 50 from EUR 52 at Deutsche Bank