Sanford C. Bernstein set a €88.00 ($104.76) price objective on Basf (ETR:BAS) in a research note issued to investors on Monday morning. The firm currently has a neutral rating on the basic materials company’s stock.
Several other equities analysts also recently weighed in on BAS. Deutsche Bank set a €109.00 ($129.76) target price on Basf and gave the company a buy rating in a research report on Thursday, January 4th. JPMorgan Chase & Co. set a €95.00 ($113.10) price target on Basf and gave the company a neutral rating in a report on Monday. Macquarie set a €105.00 ($125.00) price target on Basf and gave the company a buy rating in a report on Monday, October 2nd. Baader Bank set a €100.00 ($119.05) price target on Basf and gave the company a buy rating in a report on Thursday, September 28th. Finally, DZ Bank reaffirmed a buy rating on shares of Basf in a report on Wednesday, September 20th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €96.61 ($115.02).
Basf (BAS) opened at €93.98 ($111.88) on Monday. The firm has a market capitalization of $86,320.00 and a P/E ratio of 16.52. Basf has a 1 year low of €78.97 ($94.01) and a 1 year high of €97.90 ($116.55).
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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.
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