Basf Se (BAS) Given a €60.00 Price Target at JPMorgan Chase & Co.
Basf Se (ETR:BAS) has been given a €60.00 ($66.67) price objective by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday. The firm presently has a a “sell” rating on the stock.
Other analysts have also recently issued reports about the stock. Deutsche Bank AG set a €82.00 ($91.11) price objective on shares of Basf Se and gave the company a “buy” rating in a research note on Monday, July 4th. Kepler Capital Markets set a €84.00 ($93.33) target price on shares of Basf Se and gave the company a “buy” rating in a report on Thursday, June 30th. Commerzbank AG set a €80.00 ($88.89) target price on shares of Basf Se and gave the company a “buy” rating in a report on Wednesday, June 29th. Societe Generale set a €82.00 ($91.11) target price on shares of Basf Se and gave the company a “buy” rating in a report on Tuesday, June 21st. Finally, Citigroup Inc. set a €90.00 ($100.00) target price on shares of Basf Se and gave the company a “buy” rating in a report on Thursday, July 28th. Eight investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of €72.66 ($80.73).
Basf Se (ETR:BAS) traded up 0.37% during midday trading on Wednesday, hitting €78.54. The stock had a trading volume of 33,217 shares. The stock has a 50-day moving average price of €73.55 and a 200 day moving average price of €70.10. The firm has a market cap of €72.14 billion and a P/E ratio of 17.96. Basf Se has a 12-month low of €56.04 and a 12-month high of €79.94.
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