Basf (BAS) Given a €115.00 Price Target by Warburg Research Analysts

Basf (ETR:BAS) has been assigned a €115.00 ($136.90) target price by investment analysts at Warburg Research in a report released on Friday. The firm currently has a “buy” rating on the basic materials company’s stock. Warburg Research’s price objective points to a potential upside of 17.74% from the company’s previous close.

BAS has been the topic of several other reports. Commerzbank set a €90.10 ($107.26) price target on shares of Basf and gave the company a “buy” rating in a report on Friday. Kepler Capital Markets set a €116.00 ($138.10) price target on shares of Basf and gave the company a “buy” rating in a report on Friday. JPMorgan Chase & Co. set a €97.00 ($115.48) price target on shares of Basf and gave the company a “neutral” rating in a report on Friday. Deutsche Bank set a €109.00 ($129.76) price target on shares of Basf and gave the company a “buy” rating in a report on Friday. Finally, Barclays set a €97.00 ($115.48) price target on shares of Basf and gave the company a “neutral” rating in a report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of €98.18 ($116.88).

Basf (BAS) traded up €1.52 ($1.81) during trading on Friday, hitting €97.67 ($116.27). 5,752,102 shares of the stock were exchanged, compared to its average volume of 2,020,000. Basf has a 12-month low of €78.97 ($94.01) and a 12-month high of €98.80 ($117.62). The company has a market cap of $89,710.00 and a P/E ratio of 17.17.

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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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