Jefferies Group LLC Reiterates “€93.00” Price Target for Basf Se (ETR:BAS)
Basf Se (ETR:BAS) received a €93.00 ($106.90) price objective from equities research analysts at Jefferies Group LLC in a research note issued on Monday. The firm currently has a “neutral” rating on the basic materials company’s stock.
BAS has been the subject of a number of other reports. Macquarie set a €105.00 ($120.69) price target on shares of Basf Se and gave the company a “buy” rating in a report on Thursday, June 29th. Commerzbank Ag set a €90.10 ($103.56) price target on shares of Basf Se and gave the company a “buy” rating in a report on Thursday, April 27th. Sanford C. Bernstein set a €66.00 ($75.86) price target on shares of Basf Se and gave the company a “sell” rating in a report on Tuesday, April 18th. Deutsche Bank AG set a €101.00 ($116.09) price target on shares of Basf Se and gave the company a “buy” rating in a report on Monday, July 10th. Finally, Independent Research GmbH set a €92.00 ($105.75) price target on shares of Basf Se and gave the company a “neutral” rating in a report on Monday, July 10th. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the stock. Basf Se currently has a consensus rating of “Hold” and an average price target of €90.34 ($103.84).
Shares of Basf Se (ETR:BAS) traded up 0.20% during trading on Monday, hitting €81.19. 16,123 shares of the company were exchanged. The company’s 50-day moving average price is €83.93 and its 200 day moving average price is €87.96. The stock has a market cap of €74.57 billion and a P/E ratio of 17.06. Basf Se has a 12 month low of €68.50 and a 12 month high of €94.15.
About Basf Se
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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