Basf (BAS) PT Set at €95.00 by Credit Suisse Group

Basf (ETR:BAS) has been given a €95.00 ($110.47) price target by investment analysts at Credit Suisse Group in a report issued on Monday. The firm presently has a “buy” rating on the basic materials company’s stock. Credit Suisse Group’s price target would suggest a potential upside of 42.17% from the company’s previous close.

BAS has been the subject of several other research reports. Morgan Stanley set a €78.00 ($90.70) price target on shares of Basf and gave the stock a “neutral” rating in a research report on Friday, October 12th. Deutsche Bank set a €102.00 ($118.60) price target on shares of Basf and gave the stock a “buy” rating in a research report on Friday, September 28th. Commerzbank set a €95.00 ($110.47) price target on shares of Basf and gave the stock a “buy” rating in a research report on Tuesday, September 4th. HSBC set a €94.00 ($109.30) price target on shares of Basf and gave the stock a “buy” rating in a research report on Wednesday, September 19th. Finally, UBS Group set a €87.00 ($101.16) price target on shares of Basf and gave the stock a “neutral” rating in a research report on Monday, August 20th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company. Basf currently has an average rating of “Buy” and an average target price of €93.04 ($108.19).

Shares of BAS opened at €66.82 ($77.70) on Monday. Basf has a fifty-two week low of €78.97 ($91.83) and a fifty-two week high of €98.70 ($114.77).



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.

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