Basf (ETR:BAS) Given a €54.00 Price Target by Goldman Sachs Group Analysts

Share on StockTwits

Basf (ETR:BAS) received a €54.00 ($60.67) target price from Goldman Sachs Group in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock. Goldman Sachs Group’s price target points to a potential upside of 5.78% from the company’s previous close.

Other analysts also recently issued reports about the stock. Berenberg Bank set a €47.00 ($52.81) price target on shares of Basf and gave the company a “neutral” rating in a report on Friday, June 5th. Barclays set a €51.00 ($57.30) price target on shares of Basf and gave the company a “neutral” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. set a €45.00 ($50.56) price target on shares of Basf and gave the company a “neutral” rating in a report on Monday. Independent Research set a €52.00 ($58.43) price target on shares of Basf and gave the company a “neutral” rating in a report on Monday. Finally, Deutsche Bank set a €65.00 ($73.03) price objective on shares of Basf and gave the company a “buy” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €53.53 ($60.15).

Shares of Basf stock opened at €51.05 ($57.36) on Tuesday. The company has a debt-to-equity ratio of 52.95, a current ratio of 1.62 and a quick ratio of 0.93. Basf has a fifty-two week low of €37.36 ($41.97) and a fifty-two week high of €72.17 ($81.09). The firm has a fifty day moving average price of €51.17 and a two-hundred day moving average price of €52.77. The company has a market cap of $46.00 billion and a PE ratio of 5.95.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

Further Reading: What is the Euro STOXX 50 Index?

Analyst Recommendations for Basf (ETR:BAS)

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.



Latest News

1,500 Shares in Peoples Utah Bancorp  Acquired by Advisor Group Holdings Inc.
1,500 Shares in Peoples Utah Bancorp Acquired by Advisor Group Holdings Inc.
Advisor Group Holdings Inc. Buys New Holdings in Royce Global Value Trust Inc
Advisor Group Holdings Inc. Buys New Holdings in Royce Global Value Trust Inc
Advisor Group Holdings Inc. Purchases New Stake in PGT Innovations Inc
Advisor Group Holdings Inc. Purchases New Stake in PGT Innovations Inc
Advisor Group Holdings Inc. Takes $29,000 Position in NACCO Industries, Inc.
Advisor Group Holdings Inc. Takes $29,000 Position in NACCO Industries, Inc.
ValuEngine Lowers Ampco-Pittsburgh  to Strong Sell
ValuEngine Lowers Ampco-Pittsburgh to Strong Sell
Advisor Group Holdings Inc. Buys New Position in A10 Networks Inc
Advisor Group Holdings Inc. Buys New Position in A10 Networks Inc


© 2006-2020 Ticker Report