Basf Se (ETR:BAS) Given Consensus Recommendation of “Hold” by Analysts
Basf Se (ETR:BAS) has earned a consensus rating of “Hold” from the twenty-five ratings firms that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is €90.20 ($104.88).
BAS has been the topic of several research reports. UBS AG set a €99.00 ($115.12) target price on Basf Se and gave the stock a “buy” rating in a research report on Friday, March 31st. Baader Bank set a €85.00 ($98.84) target price on Basf Se and gave the stock a “neutral” rating in a research report on Thursday. Deutsche Bank AG set a €101.00 ($117.44) target price on Basf Se and gave the stock a “buy” rating in a research report on Friday. Barclays PLC set a €87.00 ($101.16) target price on Basf Se and gave the stock a “neutral” rating in a research report on Friday, March 31st. Finally, Macquarie set a €105.00 ($122.09) target price on Basf Se and gave the stock a “buy” rating in a research report on Monday, April 3rd.
Basf Se (ETR:BAS) opened at 79.631 on Friday. The company has a 50 day moving average of €83.42 and a 200-day moving average of €87.72. The stock has a market capitalization of €73.14 billion and a P/E ratio of 16.729. Basf Se has a one year low of €68.50 and a one year high of €94.15.
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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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