Basf (ETR:BAS) has been assigned a €96.00 ($114.29) price target by stock analysts at Barclays in a research note issued on Friday. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Barclays’ target price would indicate a potential upside of 1.19% from the stock’s previous close.
A number of other analysts have also issued reports on BAS. Deutsche Bank set a €109.00 ($129.76) price target on Basf and gave the stock a “buy” rating in a research note on Thursday, January 4th. JPMorgan Chase & Co. set a €95.00 ($113.10) price target on Basf and gave the stock a “neutral” rating in a research note on Monday, January 8th. Sanford C. Bernstein set a €88.00 ($104.76) price objective on Basf and gave the stock a “neutral” rating in a research note on Monday, January 8th. Macquarie set a €105.00 ($125.00) price objective on Basf and gave the stock a “buy” rating in a research note on Monday, October 2nd. Finally, Baader Bank set a €100.00 ($119.05) price objective on Basf and gave the stock a “buy” rating in a research note on Thursday, September 28th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €96.57 ($114.96).
Shares of Basf (BAS) opened at €94.87 ($112.94) on Friday. The stock has a market capitalization of $87,140.00 and a P/E ratio of 16.67. Basf has a 12 month low of €78.97 ($94.01) and a 12 month high of €97.90 ($116.55).
COPYRIGHT VIOLATION WARNING: “Basf (BAS) Given a €96.00 Price Target by Barclays Analysts” was first posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.thelincolnianonline.com/2018/01/14/basf-bas-given-a-96-00-price-target-by-barclays-analysts.html.
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.
Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.