ZURICH (dpa-AFX Broker) - Swiss bank UBS has downgraded Brenntag from "neutral" to "sell" and lowered its target price from €56 to €45. In view of increasing signs of weak demand in sales markets and overcapacity in the chemical industry, Nicole Manion sees sales and earnings risks for chemical distributors until the first half of 2026, as she wrote in her reassessment on Friday. She therefore lowered her profit forecasts for Brenntag, which are now well below consensus estimates for the years 2025 to 2027.
Publication of the original study: October 10, 2025 / 05:03 / GMT First disclosure of the original study: October 10, 2025 / Time not specified in study / Time zone not specified in study
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