Barclays PLC Reiterates “€87.00” Price Target for Basf Se (BAS)
Basf Se (ETR:BAS) has been given a €87.00 ($101.16) price target by research analysts at Barclays PLC in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
BAS has been the topic of several other research reports. Macquarie set a €105.00 ($122.09) price target on Basf Se and gave the company a “buy” rating in a research note on Thursday, June 29th. Jefferies Group LLC set a €93.00 ($108.14) target price on Basf Se and gave the stock a “neutral” rating in a research note on Monday. Commerzbank Ag set a €90.10 ($104.77) target price on Basf Se and gave the stock a “buy” rating in a research note on Thursday, April 27th. Sanford C. Bernstein set a €66.00 ($76.74) target price on Basf Se and gave the stock a “sell” rating in a research note on Tuesday, April 18th. Finally, Deutsche Bank AG set a €101.00 ($117.44) target price on Basf Se and gave the stock a “buy” rating in a research note on Monday, July 10th. Five investment 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. The stock currently has an average rating of “Hold” and a consensus price target of €90.21 ($104.90).
Basf Se (BAS) traded down 2.020% on Thursday, reaching €79.951. The company’s stock had a trading volume of 34,887 shares. The firm’s 50 day moving average price is €83.55 and its 200-day moving average price is €87.78. The company has a market capitalization of €73.43 billion and a price-to-earnings ratio of 16.796. Basf Se has a 1-year low of €68.50 and a 1-year 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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