Basf (ETR:BAS) PT Set at €72.00 by Warburg Research

Warburg Research set a €72.00 ($83.72) target price on Basf (ETR:BAS) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other analysts also recently issued research reports about the stock. Nord/LB set a €66.00 ($76.74) price objective on shares of Basf and gave the stock a neutral rating in a report on Tuesday, January 21st. Independent Research set a €68.00 ($79.07) price objective on shares of Basf and gave the stock a neutral rating in a report on Tuesday, January 7th. Sanford C. Bernstein set a €55.00 ($63.95) price objective on shares of Basf and gave the stock a neutral rating in a report on Friday, January 31st. Kepler Capital Markets set a €61.00 ($70.93) price target on shares of Basf and gave the company a neutral rating in a report on Tuesday, February 4th. Finally, Barclays set a €66.00 ($76.74) price target on shares of Basf and gave the company a neutral rating in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €65.21 ($75.82).

BAS stock opened at €53.08 ($61.72) on Tuesday. The company has a market cap of $48.75 billion and a P/E ratio of 5.36. Basf has a 52 week low of €55.64 ($64.70) and a 52 week high of €74.61 ($86.76). The company’s 50-day moving average price is €62.35 and its 200 day moving average price is €64.59. The company has a current ratio of 1.78, a quick ratio of 0.98 and a debt-to-equity ratio of 48.41.

About Basf

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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