JPMorgan Chase & Co. set a €94.00 ($109.30) price target on Basf (ETR:BAS) in a research report report published on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.
Several other equities analysts have also issued reports on the company. Sanford C. Bernstein set a €90.00 ($104.65) target price on Basf and gave the stock a neutral rating in a research report on Friday. Baader Bank set a €65.00 ($75.58) target price on Basf and gave the stock a sell rating in a research report on Monday, October 22nd. Barclays set a €92.00 ($106.98) target price on Basf and gave the stock a buy rating in a research report on Friday, October 19th. Commerzbank set a €95.00 ($110.47) target price on Basf and gave the stock a buy rating in a research report on Tuesday, October 16th. Finally, Morgan Stanley set a €78.00 ($90.70) target price on Basf and gave the stock a neutral rating in a research report on Friday, October 12th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of €92.30 ($107.33).
Basf stock opened at €66.66 ($77.51) on Friday. Basf has a 1 year low of €78.97 ($91.83) and a 1 year high of €98.70 ($114.77).
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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