Basf Se (BAS) Receives €96.23 Average Target Price from Brokerages

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.

Analyst Recommendations for Basf (ETR:BAS)

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