Brenntag (OTCMKTS:BNTGY) Stock Rating Lowered by Citigroup

Citigroup downgraded shares of Brenntag (OTCMKTS:BNTGY) from a strong-buy rating to a hold rating in a research note published on Wednesday,Zacks.com reports.

Brenntag Stock Performance

OTCMKTS BNTGY opened at $12.48 on Wednesday. Brenntag has a 52-week low of $11.79 and a 52-week high of $18.72. The company has a market capitalization of $9.01 billion, a P/E ratio of 15.41 and a beta of 1.13. The company has a fifty day moving average of $13.70 and a 200-day moving average of $14.13.

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.