Basf Se (BAS) Given a €78.00 Price Target by Berenberg Bank Analysts
Basf Se (ETR:BAS) has been assigned a €78.00 ($86.67) price target by research analysts at Berenberg Bank in a research note issued on Friday. The firm presently has a “sell” rating on the basic materials company’s stock.
Several other equities research analysts have also recently commented on the company. Societe Generale set a €102.00 ($113.33) price target on Basf Se and gave the company a “buy” rating in a report on Wednesday, March 8th. Macquarie set a €95.00 ($105.56) price target on Basf Se and gave the company a “buy” rating in a report on Monday, February 27th. BNP Paribas set a €94.00 ($104.44) price target on Basf Se and gave the company a “buy” rating in a report on Tuesday, February 28th. DZ Bank AG reaffirmed a “buy” rating on shares of Basf Se in a report on Tuesday, February 28th. Finally, Independent Research GmbH set a €96.00 ($106.67) price target on Basf Se and gave the company a “neutral” rating in a report on Friday, February 24th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. Basf Se has an average rating of “Hold” and a consensus target price of €90.31 ($100.34).
Basf Se (ETR:BAS) opened at 85.15 on Friday. The stock has a market cap of €78.21 billion and a PE ratio of 17.89. Basf Se has a one year low of €63.30 and a one year high of €94.15. The stock has a 50 day moving average price of €86.55 and a 200-day moving average price of €88.49.
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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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