Basf Se (ETR:BAS) Given a €104.00 Price Target by Deutsche Bank AG Analysts

Basf Se (ETR:BAS) has been given a €104.00 ($120.93) price objective by investment analysts at Deutsche Bank AG in a note issued to investors on Wednesday, October 25th. The brokerage presently has a “buy” rating on the basic materials company’s stock. Deutsche Bank AG’s price objective would suggest a potential upside of 10.13% from the stock’s current price.

BAS has been the topic of a number of other reports. UBS AG reissued a “buy” rating on shares of Basf Se in a research report on Tuesday, July 4th. Sanford C. Bernstein set a €70.00 ($81.40) price objective on shares of Basf Se and gave the company a “sell” rating in a research report on Thursday, June 29th. Jefferies Group LLC set a €93.00 ($108.14) price objective on shares of Basf Se and gave the company a “neutral” rating in a research report on Monday, July 24th. Independent Research GmbH set a €93.00 ($108.14) price objective on shares of Basf Se and gave the company a “neutral” rating in a research report on Wednesday, September 20th. Finally, Nord/LB set a €92.00 ($106.98) price objective on shares of Basf Se and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of €95.35 ($110.87).

Shares of Basf Se (ETR BAS) traded down €0.71 ($0.83) during midday trading on Wednesday, hitting €94.43 ($109.80). 1,730,883 shares of the company traded hands, compared to its average volume of 1,980,000. Basf Se has a 12 month low of €76.50 ($88.95) and a 12 month high of €97.85 ($113.78).

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About Basf Se

BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.

Analyst Recommendations for Basf Se (ETR:BAS)

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