Citigroup Reaffirms Buy Rating for Basf (BAS)

Citigroup restated their buy rating on shares of Basf (ETR:BAS) in a research report released on Thursday morning.

Other equities research analysts have also recently issued research reports about the company. DZ Bank restated a buy rating on shares of Basf in a report on Monday, November 27th. UBS Group set a €99.00 ($122.22) price objective on Basf and gave the stock a buy rating in a report on Monday, November 27th. Baader Bank set a €100.00 ($123.46) target price on Basf and gave the stock a buy rating in a research report on Monday, November 27th. Berenberg Bank set a €106.00 ($130.86) target price on Basf and gave the stock a buy rating in a research report on Wednesday, November 22nd. Finally, Kepler Capital Markets set a €112.00 ($138.27) target price on Basf and gave the stock a buy rating in a research report on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. Basf presently has an average rating of Hold and a consensus target price of €97.50 ($120.38).

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Shares of Basf (BAS) opened at €84.99 ($104.93) on Thursday. Basf has a fifty-two week low of €78.97 ($97.49) and a fifty-two week high of €98.70 ($121.85). The stock has a market capitalization of $78,060.00 and a price-to-earnings ratio of 12.86.

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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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