Basf Se (ETR:BAS) has been assigned a consensus rating of “Hold” from the twenty-four brokerages that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is €97.64 ($116.24).
BAS has been the subject of a number of research reports. Berenberg Bank set a €96.00 ($114.29) price target on shares of Basf and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Macquarie set a €105.00 ($125.00) price target on shares of Basf and gave the company a “buy” rating in a research report on Monday, October 9th. Morgan Stanley set a €88.00 ($104.76) price target on shares of Basf and gave the company a “neutral” rating in a research report on Tuesday, December 26th. Baader Bank set a €100.00 ($119.05) price target on shares of Basf and gave the company a “buy” rating in a research report on Thursday, September 28th. Finally, Sanford C. Bernstein set a €68.00 ($80.95) price target on shares of Basf and gave the company a “sell” rating in a research report on Monday, October 2nd.
Basf (ETR BAS) traded down €0.51 ($0.61) during mid-day trading on Friday, hitting €97.16 ($115.67). 2,041,674 shares of the stock were exchanged, compared to its average volume of 2,220,000. Basf has a 52 week low of €78.97 ($94.01) and a 52 week high of €98.70 ($117.50). The firm has a market cap of $89,240.00 and a P/E ratio of 17.08.
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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.
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