Warburg Research set a €115.00 ($141.98) target price on Basf (ETR:BAS) in a research note issued to investors on Friday, January 19th. The brokerage currently has a buy rating on the basic materials company’s stock.
Other equities research analysts have also recently issued reports about the stock. Nord/LB set a €92.00 ($113.58) target price on shares of Basf and gave the company a neutral rating in a report on Tuesday, October 24th. Independent Research set a €93.00 ($114.81) target price on shares of Basf and gave the stock a neutral rating in a research note on Friday, October 13th. Baader Bank set a €100.00 ($123.46) price target on shares of Basf and gave the company a buy rating in a research note on Friday, October 13th. Deutsche Bank set a €101.00 ($124.69) price target on shares of Basf and gave the company a buy rating in a research note on Wednesday, October 4th. Finally, Morgan Stanley set a €82.00 ($101.23) price target on shares of Basf and gave the company a neutral rating in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the stock. Basf has an average rating of Hold and an average price target of €97.80 ($120.74).
Basf (ETR:BAS) traded up €0.68 ($0.84) during trading on Friday, hitting €86.30 ($106.54). 3,113,274 shares of the stock were exchanged, compared to its average volume of 2,810,000. The firm has a market cap of $78,790.00 and a P/E ratio of 15.17. Basf has a one year low of €78.97 ($97.49) and a one year high of €98.70 ($121.85).
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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.
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