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.
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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