Basf Se (BAS) Given a €105.00 Price Target at Macquarie
Basf Se (ETR:BAS) has been assigned a €105.00 ($123.53) target price by investment analysts at Macquarie in a report released on Friday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
Several other equities research analysts have also issued reports on BAS. Berenberg Bank set a €78.00 ($91.76) target price on shares of Basf Se and gave the stock a “sell” rating in a report on Friday, June 23rd. Deutsche Bank AG set a €101.00 ($118.82) target price on shares of Basf Se and gave the stock a “buy” rating in a report on Monday, June 26th. BNP Paribas set a €96.00 ($112.94) target price on shares of Basf Se and gave the stock a “buy” rating in a report on Wednesday, June 28th. UBS AG set a €99.00 ($116.47) target price on shares of Basf Se and gave the stock a “buy” rating in a report on Wednesday, June 28th. Finally, Commerzbank Ag set a €90.10 ($106.00) target price on shares of Basf Se and gave the stock a “buy” rating in a report on Thursday, June 29th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. Basf Se currently has a consensus rating of “Hold” and an average price target of €92.59 ($108.93).
Basf Se (ETR:BAS) traded up 0.884% during trading on Friday, hitting €90.691. 5,126 shares of the company’s stock were exchanged. Basf Se has a 52-week low of €75.30 and a 52-week high of €94.15. The firm has a 50 day moving average price of €87.27 and a 200 day moving average price of €85.84. The company has a market cap of €83.30 billion and a price-to-earnings ratio of 17.444.
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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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