BASF SE Price Target Raised to €78.00 at Equinet Institutional Services (BAS)
Equities researchers at Equinet Institutional Services increased their price target on shares of BASF SE (ETR:BAS) from €75.00 ($104.17) to €78.00 ($108.33) in a research report issued on Tuesday, AnalystRatings.NET reports. The firm currently has a “hold” rating on the stock.
Shares of BASF SE (ETR:BAS) traded up 0.39% on Tuesday, hitting €76.60. 12,966 shares of the company’s stock traded hands. BASF SE has a 1-year low of €62.272 and a 1-year high of €76.92. The stock’s 50-day moving average is €72. and its 200-day moving average is €70.67.
BASF SE is a German chemical company. It diversifies its activities into five business segments: Chemicals, providing basic products and specialties including nitric acid and methanol, basic chemicals including ethylene and butadiene and intermediates, among others; Performance Products, providing products for the coatings and paints industry, cosmetics, detergents, cleaners industry, vitamins, enzymes, products for the paper industry and performance chemicals, among others; Functional Materials & Solutions that develops coating products, catalysts and construction chemicals, among others; Agricultural Solutions, providing active ingredients and formulations for the improvement of crop health and yields, and Oil & Gas segment (ETR:BAS).
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