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.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright legislation. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/01/basf-bas-given-a-88-00-price-target-at-sanford-c-bernstein.html.
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.
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.