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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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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