Basf Se (BAS) Given a €109.00 Price Target at Warburg Research
Basf Se (ETR:BAS) has been assigned a €109.00 ($128.24) target price by analysts at Warburg Research in a research note issued on Monday. The firm currently has a “buy” rating on the basic materials company’s stock.
Several other analysts have also weighed in on BAS. UBS AG reissued a “buy” rating on shares of Basf Se in a research report on Tuesday, July 4th. Baader Bank set a €100.00 ($117.65) price target on shares of Basf Se and gave the company a “buy” rating in a research report on Tuesday, October 24th. Macquarie set a €105.00 ($123.53) price target on shares of Basf Se and gave the company a “buy” rating in a research report on Friday, October 20th. Deutsche Bank AG set a €104.00 ($122.35) price target on shares of Basf Se and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Berenberg Bank set a €96.00 ($112.94) price target on shares of Basf Se and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Basf Se presently has a consensus rating of “Hold” and a consensus price target of €94.83 ($111.57).
Basf Se (ETR BAS) opened at 93.631 on Monday. Basf Se has a 12-month low of €75.30 and a 12-month high of €94.29. The firm has a market cap of €86.00 billion and a PE ratio of 18.009. The stock has a 50 day moving average of €88.79 and a 200 day moving average of €85.81.
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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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