Basf (BAS) PT Set at €97.00 by JPMorgan Chase & Co.

Basf (ETR:BAS) has been assigned a €97.00 ($115.48) price objective by investment analysts at JPMorgan Chase & Co. in a research report issued on Friday. The firm presently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 0.69% from the stock’s current price.

A number of other research firms also recently commented on BAS. Commerzbank set a €90.10 ($107.26) target price on Basf and gave the stock a “buy” rating in a research report on Friday. Kepler Capital Markets set a €116.00 ($138.10) target price on Basf and gave the stock a “buy” rating in a research report on Friday. Barclays set a €97.00 ($115.48) target price on Basf and gave the stock a “neutral” rating in a research report on Friday, November 3rd. set a €85.00 ($101.19) target price on Basf and gave the stock a “sell” rating in a research report on Wednesday, November 8th. Finally, Sanford C. Bernstein set a €72.00 ($85.71) target price on Basf and gave the stock a “sell” rating in a research report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €98.18 ($116.88).

Shares of Basf (BAS) opened at €97.67 ($116.27) on Friday. The company has a market capitalization of $89,710.00 and a PE ratio of 17.17. Basf has a 52-week low of €78.97 ($94.01) and a 52-week high of €98.80 ($117.62).

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Basf Company Profile

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 (ETR:BAS)

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