BASF SE Receives Buy Rating from Baader Bank (BAS)

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).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.