Basf Se (BAS) Given a €97.00 Price Target at Barclays PLC
Basf Se (ETR:BAS) received a €97.00 ($114.12) price target from equities researchers at Barclays PLC in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the basic materials company’s stock. Barclays PLC’s target price points to a potential downside of 0.01% from the company’s current price.
Several other research analysts have also recently weighed in on BAS. Warburg Research set a €109.00 ($128.24) price target on Basf Se and gave the stock a “buy” rating in a research note on Monday, October 30th. UBS AG set a €97.00 ($114.12) price target on Basf Se and gave the stock a “buy” rating in a research note on Tuesday, October 24th. J P Morgan Chase & Co set a €105.00 ($123.53) price target on Basf Se and gave the stock a “buy” rating in a research note on Monday, July 17th. Goldman Sachs Group, Inc. (The) set a €87.00 ($102.35) price objective on Basf Se and gave the stock a “neutral” rating in a report on Tuesday, August 8th. Finally, Macquarie set a €105.00 ($123.53) price objective on Basf Se and gave the stock a “buy” rating in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €95.05 ($111.82).
Basf Se (BAS) traded up €1.02 ($1.20) during mid-day trading on Friday, hitting €97.01 ($114.13). The stock had a trading volume of 2,049,949 shares.
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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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