Basf Se (BAS) Receives Consensus Recommendation of “Hold” from Brokerages
Basf Se (ETR:BAS) has earned a consensus recommendation of “Hold” from the twenty-five ratings firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is €90.03 ($107.18).
A number of equities analysts recently issued reports on BAS shares. DZ Bank AG reiterated a “buy” rating on shares of Basf Se in a research note on Saturday, May 20th. Macquarie set a €105.00 ($125.00) price target on shares of Basf Se and gave the stock a “buy” rating in a research note on Saturday, May 20th. Sanford C. Bernstein set a €70.00 ($83.33) price target on shares of Basf Se and gave the stock a “sell” rating in a research note on Monday, May 22nd. Deutsche Bank AG set a €101.00 ($120.24) price target on shares of Basf Se and gave the stock a “buy” rating in a research note on Monday, May 22nd. Finally, HSBC Holdings plc set a €75.00 ($89.29) price target on shares of Basf Se and gave the stock a “neutral” rating in a research note on Wednesday, May 24th.
Basf Se (BAS) opened at 86.152 on Friday. Basf Se has a 1-year low of €70.50 and a 1-year high of €94.15. The firm has a 50 day moving average of €82.20 and a 200-day moving average of €86.02. The company has a market capitalization of €79.13 billion and a price-to-earnings ratio of 16.571.
About Basf Se
BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.
Receive News & Ratings for Basf Se Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf Se and related companies with MarketBeat.com's FREE daily email newsletter.