Basf Se (BAS) Given a €90.10 Price Target at Commerzbank Ag
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.
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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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