Sanford C. Bernstein set a €88.00 ($108.64) price target on Basf (ETR:BAS) in a research report report published on Wednesday, April 11th. The brokerage currently has a neutral rating on the basic materials company’s stock.
Other equities research analysts also recently issued research reports about the stock. Barclays set a €96.00 ($118.52) price objective on shares of Basf and gave the company a neutral rating in a research report on Friday, March 16th. Baader Bank set a €100.00 ($123.46) target price on shares of Basf and gave the stock a buy rating in a research report on Tuesday, February 6th. Kepler Capital Markets set a €116.00 ($143.21) target price on shares of Basf and gave the stock a buy rating in a research report on Thursday, March 8th. Commerzbank set a €90.10 ($111.23) target price on shares of Basf and gave the stock a buy rating in a research report on Wednesday, April 4th. Finally, HSBC set a €85.00 ($104.94) target price on shares of Basf and gave the stock a neutral rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €97.63 ($120.53).
Shares of ETR:BAS traded up €0.86 ($1.06) during trading on Wednesday, reaching €86.18 ($106.40). 1,240,886 shares of the company’s stock traded hands, compared to its average volume of 2,920,000. Basf has a 12 month low of €78.97 ($97.49) and a 12 month high of €98.70 ($121.85).
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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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