HSBC Holdings plc Analysts Give Basf Se (BAS) a €75.00 Price Target
Basf Se (ETR:BAS) has been assigned a €75.00 ($84.27) price target by research analysts at HSBC Holdings plc in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.
Several other brokerages have also recently commented on BAS. Morgan Stanley set a €82.00 ($92.13) target price on shares of Basf Se and gave the company a “neutral” rating in a research report on Friday, March 31st. Barclays PLC set a €89.00 ($100.00) target price on shares of Basf Se and gave the company a “neutral” rating in a research report on Monday, April 10th. Sanford C. Bernstein set a €66.00 ($74.16) target price on shares of Basf Se and gave the company a “sell” rating in a research report on Wednesday, April 12th. BNP Paribas set a €96.00 ($107.87) target price on shares of Basf Se and gave the company a “buy” rating in a research report on Friday, April 28th. Finally, Macquarie set a €105.00 ($117.98) target price on shares of Basf Se and gave the company a “buy” rating in a research report on Saturday. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €90.87 ($102.10).
Basf Se (ETR:BAS) opened at 85.50 on Wednesday. The firm has a market cap of €78.53 billion and a price-to-earnings ratio of 17.96. The company has a 50-day moving average of €90.04 and a 200 day moving average of €87.77. Basf Se has a 52-week low of €63.30 and a 52-week high of €94.15.
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Basf Se Company Profile
BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.
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