Basf Se (ETR:BAS) Given a €90.10 Price Target by Commerzbank Ag Analysts

Commerzbank Ag set a €90.10 ($103.56) target price on Basf Se (ETR:BAS) in a report published on Friday. The firm currently has a buy rating on the basic materials company’s stock.

A number of other equities research analysts have also recently issued reports on BAS. Deutsche Bank AG set a €101.00 ($116.09) target price on Basf Se and gave the company a buy rating in a research note on Thursday, March 23rd. Macquarie set a €105.00 ($120.69) target price on Basf Se and gave the company a buy rating in a research note on Tuesday, March 28th. Kepler Capital Markets set a €101.00 ($116.09) target price on Basf Se and gave the company a buy rating in a research note on Tuesday, March 28th. BNP Paribas set a €94.00 ($108.05) target price on Basf Se and gave the company a buy rating in a research note on Wednesday, March 29th. Finally, Baader Bank set a €85.00 ($97.70) target price on Basf Se and gave the company a neutral rating in a research note on Thursday, March 30th. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the stock. Basf Se presently has an average rating of Hold and an average price target of €90.34 ($103.84).

Basf Se (BAS) traded down 0.949% during mid-day trading on Friday, reaching €81.024. 9,663 shares of the company traded hands. The firm’s 50-day moving average is €83.93 and its 200 day moving average is €87.96. Basf Se has a 52-week low of €68.50 and a 52-week high of €94.15. The stock has a market capitalization of €74.42 billion and a PE ratio of 17.022.

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Basf Se Company Profile

BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.