Basf Se (ETR:BAS) PT Set at €101.00 by Deutsche Bank AG
Basf Se (ETR:BAS) received a €101.00 ($114.77) price target from Deutsche Bank AG in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the basic materials company’s stock.
Several other research firms have also weighed in on BAS. Sanford C. Bernstein set a €70.00 ($79.55) target price on shares of Basf Se and gave the company a “sell” rating in a research note on Thursday, June 29th. Kepler Capital Markets set a €101.00 ($114.77) target price on shares of Basf Se and gave the company a “buy” rating in a research note on Thursday, June 29th. Macquarie set a €105.00 ($119.32) target price on shares of Basf Se and gave the company a “buy” rating in a research note on Wednesday, March 22nd. Morgan Stanley set a €82.00 ($93.18) target price on shares of Basf Se and gave the company a “neutral” rating in a research note on Friday, March 31st. Finally, Jefferies Group LLC set a €95.00 ($107.95) target price on shares of Basf Se and gave the company a “neutral” rating in a research note on Friday, March 31st. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the stock. Basf Se has an average rating of “Hold” and a consensus price target of €89.92 ($102.18).
Shares of Basf Se (ETR:BAS) traded up 0.609% during mid-day trading on Monday, reaching €81.799. 4,577 shares of the company were exchanged. The company’s 50-day moving average is €85.62 and its 200 day moving average is €88.47. Basf Se has a 12 month low of €65.49 and a 12 month high of €94.15. The firm has a market capitalization of €75.13 billion and a price-to-earnings ratio of 17.185.
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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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