Basf (ETR:BAS) has been assigned a €88.00 ($104.76) price target by Morgan Stanley in a report issued on Friday. The firm presently has a “neutral” rating on the basic materials company’s stock. Morgan Stanley’s price target would indicate a potential downside of 10.03% from the stock’s current price.

BAS has been the subject of a number of other research reports. Berenberg Bank set a €96.00 ($114.29) target price on shares of Basf and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Macquarie set a €105.00 ($125.00) target price on shares of Basf and gave the stock a “buy” rating in a research report on Monday, October 9th. Baader Bank set a €100.00 ($119.05) target price on shares of Basf and gave the stock a “buy” rating in a research report on Thursday, September 28th. Sanford C. Bernstein set a €68.00 ($80.95) target price on shares of Basf and gave the stock a “sell” rating in a research report on Monday, October 2nd. Finally, Barclays set a €92.00 ($109.52) target price on shares of Basf and gave the stock a “neutral” rating in a research report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the stock. Basf currently has a consensus rating of “Hold” and an average price target of €98.18 ($116.88).

Basf (BAS) opened at €97.81 ($116.44) on Friday. The firm has a market cap of $88,310.00 and a PE ratio of 17.19. Basf has a 1 year low of €78.97 ($94.01) and a 1 year high of €97.90 ($116.55).

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About Basf

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.

Analyst Recommendations for Basf (ETR:BAS)

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