Basf (BAS) Given a €92.00 Price Target by Nord/LB Analysts

Nord/LB set a €92.00 ($109.52) price target on Basf (ETR:BAS) in a research report sent to investors on Friday. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other brokerages have also recently issued reports on BAS. Berenberg Bank set a €96.00 ($114.29) target price on Basf and gave the stock a neutral rating in a report on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) target price on Basf and gave the stock a neutral rating in a report on Tuesday, October 17th. J P Morgan Chase & Co set a €105.00 ($125.00) target price on Basf and gave the stock a buy rating in a report on Friday, October 13th. Macquarie set a €105.00 ($125.00) target price on Basf and gave the stock a buy rating in a report on Friday, October 20th. Finally, Barclays set a €97.00 ($115.48) target price on Basf and gave the stock a neutral rating in a report on Monday, November 27th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. Basf presently has a consensus rating of Hold and an average target price of €95.96 ($114.24).

Basf (ETR BAS) opened at €93.86 ($111.74) on Friday. Basf has a twelve month low of €78.97 ($94.01) and a twelve month high of €97.90 ($116.55).

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About Basf

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.

Analyst Recommendations for Basf (ETR:BAS)

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