Barclays set a €96.00 ($118.52) price target on Basf (ETR:BAS) in a research note issued to investors on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.
BAS has been the subject of several other research reports. Independent Research set a €104.00 ($128.40) target price on shares of Basf and gave the company a neutral rating in a research report on Friday, January 19th. UBS set a €99.00 ($122.22) target price on shares of Basf and gave the company a buy rating in a research report on Monday, November 27th. Sanford C. Bernstein set a €72.00 ($88.89) target price on shares of Basf and gave the company a sell rating in a research report on Monday, November 27th. Morgan Stanley set a €88.00 ($108.64) target price on shares of Basf and gave the company a neutral rating in a research report on Wednesday, December 20th. Finally, Macquarie set a €118.00 ($145.68) target price on shares of Basf and gave the company a buy rating in a research report on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of €97.50 ($120.38).
Shares of Basf stock opened at €84.74 ($104.62) on Friday. The company has a market cap of $77,180.00 and a price-to-earnings ratio of 12.82. Basf has a 1 year low of €78.97 ($97.49) and a 1 year high of €98.70 ($121.85).
WARNING: This piece was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://stocknewstimes.com/2018/03/19/barclays-analysts-give-basf-bas-a-96-00-price-target.html.
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.
Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.