BASF SE (ETR: BAS)‘s stock had its “buy” rating restated by equities research analysts at Baader Bank in a research note issued to investors on Tuesday, Stock Ratings Network reports. They currently have a €85.00 ($110.39) target price on the stock.
BASF SE (ETR: BAS) traded down 2.55% on Tuesday, hitting €72.70. BASF SE has a 1-year low of €51.144 and a 1-year high of €76.18. The stock’s 50-day moving average is currently €65.10.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BASF SE in a research note to investors on Friday, May 17th. They now have a €80.00 ($103.90) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of BASF SE in a research note to investors on Thursday, May 16th. They now have a €72.50 ($94.16) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of BASF SE in a research note to investors on Wednesday, May 15th. They now have a €60.00 ($77.92) price target on the stock.
Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. BASF SE has an average rating of “Hold” and a consensus target price of €74.23 ($96.41).
BASF SE is a German chemical company. It diversifies its activities into five business segments: Chemicals, providing basic products and specialties including nitric acid and methanol, basic chemicals including ethylene and butadiene and intermediates, among others; Performance Products, providing products for the coatings and paints industry, cosmetics, detergents, cleaners industry, vitamins, enzymes, products for the paper industry and performance chemicals, among others; Functional Materials & Solutions that develops coating products, catalysts and construction chemicals, among others; Agricultural Solutions, providing active ingredients and formulations for the improvement of crop health and yields, and Oil & Gas segment (ETR: BAS).
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