Basf (ETR:BAS) Given a €99.00 Price Target by UBS Analysts

Basf (ETR:BAS) has been assigned a €99.00 ($117.86) price target by stock analysts at UBS in a research note issued on Monday, November 20th, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the basic materials company’s stock. UBS’s price objective points to a potential upside of 6.37% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Jefferies Group set a €93.00 ($110.71) price objective on Basf and gave the stock a “neutral” rating in a report on Monday, July 24th. set a €85.00 ($101.19) price objective on Basf and gave the stock a “sell” rating in a report on Wednesday, November 8th. Deutsche Bank set a €101.00 ($120.24) price objective on Basf and gave the stock a “buy” rating in a report on Wednesday, September 20th. Warburg Research set a €98.60 ($117.38) price objective on Basf and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, DZ Bank restated a “buy” rating on shares of Basf in a report on Monday, October 30th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €95.87 ($114.13).

Basf (BAS) traded down €0.82 ($0.98) during trading on Monday, hitting €93.07 ($110.80). 1,749,891 shares of the stock traded hands, compared to its average volume of 2,200,000. Basf has a 12-month low of €78.97 ($94.01) and a 12-month high of €97.90 ($116.55).

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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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