A number of other brokerages have also commented on BAS. Berenberg Bank set a €96.00 ($114.29) price objective on shares of Basf and gave the stock a neutral rating in a research report on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) price objective on shares of Basf and gave the stock a neutral rating in a research report on Tuesday, October 17th. Nord/LB set a €92.00 ($109.52) price objective on shares of Basf and gave the stock a neutral rating in a research report on Friday, December 8th. Morgan Stanley set a €82.00 ($97.62) price objective on shares of Basf and gave the stock a neutral rating in a research report on Friday, December 8th. Finally, JPMorgan Chase & Co. set a €105.00 ($125.00) price target on shares of Basf and gave the stock a buy rating in a research report on Friday, October 13th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €98.18 ($116.88).
Shares of Basf (BAS) traded up €1.52 ($1.81) during mid-day trading on Friday, hitting €97.67 ($116.27). 5,752,102 shares of the stock were exchanged, compared to its average volume of 2,020,000. The company has a market capitalization of $89,710.00 and a price-to-earnings ratio of 17.17. Basf has a twelve month low of €78.97 ($94.01) and a twelve month high of €98.80 ($117.62).
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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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