Basf (BAS) PT Set at €88.00 by Sanford C. Bernstein

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).

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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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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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