Basf Se (ETR:BAS) has been assigned a €90.10 ($106.00) price target by stock analysts at Commerzbank Ag in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the basic materials company’s stock.

BAS has been the topic of a number of other research reports. Macquarie set a €105.00 ($123.53) target price on Basf Se and gave the company a “buy” rating in a research report on Monday, October 9th. Deutsche Bank AG reiterated a “buy” rating on shares of Basf Se in a research report on Friday, August 25th. Kepler Capital Markets set a €101.00 ($118.82) target price on Basf Se and gave the company a “buy” rating in a research report on Thursday, June 29th. Baader Bank set a €100.00 ($117.65) target price on Basf Se and gave the company a “buy” rating in a research report on Thursday, September 28th. Finally, Sanford C. Bernstein set a €68.00 ($80.00) price target on Basf Se and gave the company a “sell” rating in a research note on Monday, October 2nd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €92.67 ($109.02).

Basf Se (ETR BAS) opened at 90.009 on Tuesday. The firm’s 50-day moving average is €87.93 and its 200-day moving average is €85.74. Basf Se has a 52-week low of €75.30 and a 52-week high of €94.15. The firm has a market capitalization of €82.67 billion and a P/E ratio of 17.313.

TRADEMARK VIOLATION NOTICE: This article was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was stolen and republished in violation of United States and international copyright and trademark law. The original version of this article can be read at https://www.americanbankingnews.com/2017/10/24/basf-se-bas-given-a-90-10-price-target-at-commerzbank-ag-2.html.

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.

Analyst Recommendations for Basf Se (ETR:BAS)

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.