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BNTGF - Brenntag: Strong EBITDA Growth But The Company Appears To Be Fully Priced
June, 08 2021 09:36 AM
Brenntag AG Muehleim/Ruhr
Brenntag is one of the world's largest distributors of chemical products and has proven to be exceptionally resilient during the COVID pandemic. 2021 has started on a very strong note and the company maintains its EBITDA guidance of 1.08-1.18B EUR for this year. I expect the EBITDA to increase toward 1.3B EUR by 2024, which would make Brenntag reasonably valued at the current price levels. Despite this, I'm hoping for a pullback on weak market days. For further details see:
Brenntag: Strong EBITDA Growth, But The Company Appears To Be Fully Priced
Stock Information
Company Name:
Brenntag AG Muehleim/Ruhr
Stock Symbol:
BNTGF
Market:
OTC
Website:
brenntag.com
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