Basf (ETR:BAS) has been given a €96.00 ($118.52) price target by equities researchers at Nord/LB in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Nord/LB’s price objective suggests a potential upside of 11.10% from the stock’s previous close.
Several other analysts also recently issued reports on BAS. Warburg Research set a €109.00 ($134.57) price target on shares of Basf and gave the company a “buy” rating in a report on Monday, October 30th. DZ Bank reaffirmed a “buy” rating on shares of Basf in a report on Monday, October 30th. Barclays set a €97.00 ($119.75) price target on shares of Basf and gave the company a “neutral” rating in a report on Friday, November 3rd. set a €85.00 ($104.94) price objective on shares of Basf and gave the company a “sell” rating in a research report on Wednesday, November 8th. Finally, UBS Group set a €99.00 ($122.22) price objective on shares of Basf and gave the company a “buy” rating in a research report on Monday, November 20th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company’s stock. Basf presently has an average rating of “Hold” and a consensus target price of €98.31 ($121.37).
Shares of Basf (BAS) opened at €86.41 ($106.68) on Tuesday. 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 cap of $79,370.00 and a PE ratio of 13.07.
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.
Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.