Basf (BAS) Given a €116.00 Price Target at Kepler Capital Markets

Kepler Capital Markets set a €116.00 ($143.21) target price on Basf (ETR:BAS) in a research note issued to investors on Friday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other research firms have also weighed in on BAS. Nord/LB set a €92.00 ($113.58) target price on Basf and gave the company a neutral rating in a research note on Friday, December 8th. Morgan Stanley set a €82.00 ($101.23) target price on Basf and gave the company a neutral rating in a research note on Friday, December 8th. UBS Group set a €99.00 ($122.22) target price on Basf and gave the company a neutral rating in a research note on Friday, January 19th. Citigroup reissued a buy rating on shares of Basf in a research note on Monday, November 27th. Finally, Barclays set a €97.00 ($119.75) target price on Basf and gave the company a neutral rating in a research note on Monday, November 27th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €97.80 ($120.74).

Basf (ETR BAS) traded down €0.04 ($0.05) during trading hours on Friday, reaching €88.07 ($108.73). The company’s stock had a trading volume of 2,014,611 shares, compared to its average volume of 2,880,000. Basf has a 1 year low of €78.97 ($97.49) and a 1 year high of €98.70 ($121.85). The firm has a market capitalization of $80,890.00 and a price-to-earnings ratio of 15.48.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.thelincolnianonline.com/2018/02/24/basf-bas-given-a-116-00-price-target-at-kepler-capital-markets.html.

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)

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.

Leave a Reply