Basf (BAS) Given a €99.00 Price Target at Bank of America

Bank of America set a €99.00 ($117.86) price target on Basf (ETR:BAS) in a research report report published on Thursday. The brokerage currently has a neutral rating on the basic materials company’s stock.

BAS has been the subject of several other reports. Berenberg Bank set a €96.00 ($114.29) target price on shares of Basf and gave the stock a neutral rating in a research report on Wednesday, October 25th. Macquarie set a €105.00 ($125.00) target price on shares of Basf and gave the stock a buy rating in a research report on Monday, October 9th. Morgan Stanley set a €88.00 ($104.76) target price on shares of Basf and gave the stock a neutral rating in a research report on Tuesday, December 26th. Baader Bank set a €100.00 ($119.05) target price on shares of Basf and gave the stock a buy rating in a research report on Thursday, September 28th. Finally, Sanford C. Bernstein set a €68.00 ($80.95) target price on shares of Basf and gave the stock a sell rating in a research report on Monday, October 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €96.57 ($114.96).

Basf (ETR:BAS) traded up €0.89 ($1.06) during trading hours on Thursday, hitting €94.87 ($112.94). 2,057,586 shares of the stock traded hands, compared to its average volume of 2,010,000. The company has a market capitalization of $87,140.00 and a P/E ratio of 16.67. Basf has a one year low of €78.97 ($94.01) and a one year high of €97.90 ($116.55).

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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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