Basf (ETR:BAS) PT Set at €88.00 by Sanford C. Bernstein

Basf (ETR:BAS) has been assigned a €88.00 ($108.64) price target by Sanford C. Bernstein in a report released on Monday, January 8th. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Sanford C. Bernstein’s price objective points to a potential downside of 6.93% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Berenberg Bank set a €96.00 ($118.52) price objective on Basf and gave the company a “neutral” rating in a research note on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($107.41) price objective on Basf and gave the stock a “neutral” rating in a report on Tuesday, October 17th. Nord/LB set a €92.00 ($113.58) target price on Basf and gave the stock a “neutral” rating in a research note on Friday, December 8th. Morgan Stanley set a €82.00 ($101.23) price objective on Basf and gave the company a “neutral” rating in a research report on Friday, December 8th. Finally, JPMorgan Chase & Co. set a €105.00 ($129.63) price target on Basf and gave the stock a “buy” rating in a research report on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €98.35 ($121.42).

Basf (ETR:BAS) opened at €94.46 ($116.62) on Monday. Basf has a 52-week low of €78.97 ($97.49) and a 52-week high of €98.70 ($121.85). The stock has a market cap of $86,760.00 and a PE ratio of 16.60.

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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.

Analyst Recommendations for Basf (ETR:BAS)

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