UBS Group Analysts Give Basf (ETR:BAS) a €64.00 Price Target

UBS Group set a €64.00 ($74.42) target price on Basf (ETR:BAS) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other equities analysts have also weighed in on the stock. Baader Bank set a €112.00 ($130.23) price target on shares of Bechtle and gave the company a neutral rating in a report on Tuesday. Warburg Research set a €71.00 ($82.56) price target on shares of Basf and gave the company a neutral rating in a report on Monday, April 1st. Morgan Stanley set a $103.00 price target on shares of Nike and gave the company a buy rating in a report on Friday, June 28th. Jefferies Financial Group reiterated a buy rating and issued a $30.00 price target on shares of Amarin in a report on Tuesday. Finally, Credit Suisse Group set a $77.00 price target on shares of Monster Beverage and gave the company a buy rating in a report on Friday, May 3rd. Thirteen analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of Hold and a consensus target price of €72.40 ($84.19).

Shares of ETR BAS opened at €60.22 ($70.02) on Tuesday. The firm has a market capitalization of $55.31 billion and a price-to-earnings ratio of 12.51. The stock’s 50 day moving average price is €61.45. Basf has a 1 year low of €57.35 ($66.69) and a 1 year high of €84.91 ($98.73). The company has a debt-to-equity ratio of 57.58, a quick ratio of 0.76 and a current ratio of 1.84.



Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (ETR:BAS)

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