Brenntag (OTCMKTS:BNTGY) Stock Rating Lowered by Citigroup

Citigroup lowered shares of Brenntag (OTCMKTS:BNTGY) from a strong-buy rating to a hold rating in a report released on Wednesday,Zacks.com reports.

Brenntag Trading Up 3.1 %

BNTGY opened at $12.48 on Wednesday. The company has a 50 day moving average of $13.70 and a 200 day moving average of $14.13. The company has a market cap of $9.01 billion, a PE ratio of 15.41 and a beta of 1.13. Brenntag has a 12 month low of $11.79 and a 12 month high of $18.72.

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.