Brenntag SE's "Buy" rating has been maintained by UBS AG, with a target price of 80 euros, despite the company's adjusted EBITA falling 6 percent below consensus estimates. Analyst Rory McKenzie acknowledged the disappointing quarterly figures but suggested that the confirmed annual outlook could provide some support for the stock.

Following this announcement, Brenntag's share price experienced a significant decline of 8.9 percent to EUR 56.02 during the XETRA session, representing a total decline of 28.6 percent since the beginning of 2024. UBS's target price indicates a potential upside of 42.81 percent.

So far, 306,063 shares of Brenntag SE have been traded, and the next key financial figures are expected to be released on November 12, 2024.