Basf Se (BAS) Receives €97.25 Consensus Price Target from Brokerages

Basf Se (ETR:BAS) has been given a consensus rating of “Buy” by the twenty-five research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is €97.25 ($113.09).

A number of equities research analysts recently issued reports on the stock. Baader Bank set a €93.00 ($108.14) price target on shares of Basf and gave the company a “neutral” rating in a research note on Tuesday, May 29th. DZ Bank reaffirmed a “buy” rating on shares of Basf in a research note on Monday, July 16th. Societe Generale set a €100.00 ($116.28) price target on shares of Basf and gave the company a “buy” rating in a research note on Friday, May 25th. Jefferies Financial Group set a €102.00 ($118.60) price target on shares of Basf and gave the company a “neutral” rating in a research note on Tuesday, May 29th. Finally, Commerzbank set a €90.10 ($104.77) price target on shares of Basf and gave the company a “buy” rating in a research note on Tuesday, May 29th.

Basf opened at €79.33 ($92.24) on Tuesday, Marketbeat.com reports. Basf has a one year low of €78.97 ($91.83) and a one year high of €98.70 ($114.77).

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.

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Analyst Recommendations for Basf (ETR:BAS)

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