Analysts Set Basf Se (BAS) Price Target at $97.79

Basf Se (ETR:BAS) has earned an average rating of “Hold” from the twenty-five analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is €97.79 ($120.72).

A number of equities analysts have recently issued reports on the company. Commerzbank set a €90.10 ($111.23) price target on Basf and gave the stock a “buy” rating in a research note on Wednesday. HSBC set a €92.00 ($113.58) price target on Basf and gave the stock a “buy” rating in a research note on Wednesday. Deutsche Bank set a €105.00 ($129.63) price target on Basf and gave the stock a “buy” rating in a research note on Thursday, March 29th. Citigroup set a €110.00 ($135.80) price target on Basf and gave the stock a “buy” rating in a research note on Tuesday, March 20th. Finally, UBS set a €90.00 ($111.11) price target on Basf and gave the stock a “neutral” rating in a research note on Monday, March 19th.

Shares of BAS stock traded down €0.41 ($0.51) on Wednesday, reaching €83.99 ($103.69). The stock had a trading volume of 2,421,543 shares, compared to its average volume of 2,920,000. Basf has a 1 year low of €78.97 ($97.49) and a 1 year high of €98.70 ($121.85).

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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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