Basf (BAS) PT Set at €99.00 by Bank of America
Basf (ETR:BAS) received a €99.00 ($117.86) price objective from research analysts at Bank of America in a note issued to investors on Thursday. The firm presently has a “neutral” rating on the basic materials company’s stock. Bank of America’s target price would indicate a potential upside of 5.97% from the stock’s previous close.
BAS has been the topic of a number of other research reports. set a €85.00 ($101.19) price target on Basf and gave the stock a “sell” rating in a report on Wednesday, November 8th. Deutsche Bank set a €101.00 ($120.24) price target on Basf and gave the stock a “buy” rating in a report on Wednesday, September 20th. UBS Group set a €99.00 ($117.86) price objective on Basf and gave the company a “buy” rating in a report on Monday, November 27th. DZ Bank reaffirmed a “buy” rating on shares of Basf in a report on Monday, October 30th. Finally, Sanford C. Bernstein set a €72.00 ($85.71) price objective on Basf and gave the company a “sell” rating in a report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €96.61 ($115.02).
Basf (BAS) opened at €93.40 ($111.19) on Thursday. Basf has a fifty-two week low of €78.97 ($94.01) and a fifty-two week high of €97.90 ($116.55). The stock has a market cap of $85,680.00 and a P/E ratio of 16.41.
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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