Basf (BAS) Stock Rating Reaffirmed by DZ Bank
Basf (ETR:BAS)‘s stock had its “buy” rating reissued by research analysts at DZ Bank in a research note issued to investors on Monday.
BAS has been the topic of a number of other reports. set a €85.00 ($101.19) target price on shares of Basf and gave the stock a “sell” rating in a report on Wednesday, November 8th. Deutsche Bank set a €101.00 ($120.24) target price on shares of Basf and gave the stock a “buy” rating in a report on Wednesday, September 20th. UBS set a €99.00 ($117.86) price target on shares of Basf and gave the stock a “buy” rating in a research note on Monday, November 27th. Sanford C. Bernstein set a €72.00 ($85.71) price target on shares of Basf and gave the stock a “sell” rating in a research note on Monday, November 27th. Finally, Nord/LB set a €92.00 ($109.52) price target on shares of Basf and gave the stock a “neutral” rating in a research note on Tuesday, October 24th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of €95.96 ($114.24).
Basf (ETR BAS) traded down €0.22 ($0.26) during trading on Monday, hitting €93.86 ($111.74). 1,438,683 shares of the stock were exchanged, compared to its average volume of 2,030,000. Basf has a 12-month low of €78.97 ($94.01) and a 12-month high of €97.90 ($116.55).
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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