Basf Se (ETR:BAS) has been assigned a consensus rating of “Hold” from the twenty-five analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is €96.41 ($119.03).
A number of analysts have commented on BAS shares. Nord/LB set a €99.00 ($122.22) price objective on Basf and gave the stock a “neutral” rating in a research report on Friday, January 19th. Morgan Stanley set a €88.00 ($108.64) price objective on Basf and gave the stock a “neutral” rating in a research report on Tuesday, December 26th. Baader Bank set a €100.00 ($123.46) price objective on Basf and gave the stock a “buy” rating in a research report on Monday, November 27th. JPMorgan Chase & Co. set a €97.00 ($119.75) price objective on Basf and gave the stock a “neutral” rating in a research report on Friday, January 19th. Finally, Citigroup reiterated a “buy” rating on shares of Basf in a research report on Thursday, March 8th.
Shares of Basf (ETR BAS) traded down €1.57 ($1.94) during mid-day trading on Friday, hitting €83.89 ($103.57). The company’s stock had a trading volume of 2,870,000 shares, compared to its average volume of 2,920,000. Basf has a 52 week low of €78.97 ($97.49) and a 52 week high of €98.70 ($121.85). The company has a market cap of $77,050.00 and a P/E ratio of 12.69.
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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