Basf Se (BAS) Given a €96.00 Price Target at BNP Paribas
Basf Se (ETR:BAS) has been assigned a €96.00 ($112.94) price objective by BNP Paribas in a research report issued on Friday. The firm presently has a “buy” rating on the basic materials company’s stock.
Other research analysts have also issued reports about the company. UBS AG set a €99.00 ($116.47) target price on Basf Se and gave the company a “buy” rating in a report on Monday, June 12th. Deutsche Bank AG set a €101.00 ($118.82) target price on Basf Se and gave the company a “buy” rating in a report on Monday, June 26th. Sanford C. Bernstein set a €70.00 ($82.35) target price on Basf Se and gave the company a “sell” rating in a report on Thursday, June 29th. Jefferies Group LLC set a €93.00 ($109.41) target price on Basf Se and gave the company a “neutral” rating in a report on Monday, July 24th. Finally, Independent Research GmbH set a €93.00 ($109.41) target price on Basf Se and gave the company a “neutral” rating in a report on Wednesday, September 20th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €91.92 ($108.14).
Basf Se (ETR:BAS) opened at 90.321 on Friday. The company has a market capitalization of €82.96 billion and a price-to-earnings ratio of 17.373. The stock has a 50 day moving average price of €85.33 and a 200 day moving average price of €85.93. Basf Se has a 52-week low of €71.30 and a 52-week high of €94.15.
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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.
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