Basf (ETR:BAS) received a €96.00 ($111.63) price target from equities researchers at Kepler Capital Markets in a report issued on Friday. The firm presently has a “buy” rating on the basic materials company’s stock. Kepler Capital Markets’ price objective would indicate a potential upside of 38.11% from the company’s current price.
Other equities research analysts have also recently issued research reports about the company. Baader Bank set a €93.00 ($108.14) price target on Basf and gave the stock a “neutral” rating in a report on Wednesday, July 18th. Independent Research set a €102.00 ($118.60) price target on Basf and gave the stock a “buy” rating in a report on Tuesday, July 10th. Commerzbank set a €95.00 ($110.47) price target on Basf and gave the stock a “buy” rating in a report on Wednesday, September 26th. Sanford C. Bernstein set a €90.00 ($104.65) price target on Basf and gave the stock a “neutral” rating in a report on Friday, October 26th. Finally, JPMorgan Chase & Co. set a €94.00 ($109.30) price target on Basf and gave the stock a “neutral” rating in a report on Friday, October 26th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €90.57 ($105.31).
BAS opened at €69.51 ($80.83) on Friday. Basf has a 1-year low of €78.97 ($91.83) and a 1-year high of €98.70 ($114.77).
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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