Basf (BAS) Given a €115.00 Price Target by Warburg Research Analysts

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.

Analyst Recommendations for Basf (ETR:BAS)

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