Basf (BAS) Given a €99.00 Price Target at Nord/LB

Basf (ETR:BAS) has been given a €99.00 ($117.86) price objective by stock analysts at Nord/LB 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. Nord/LB’s price target suggests a potential upside of 1.36% from the company’s current price.

Several other brokerages also recently weighed in on BAS. Warburg Research set a €115.00 ($136.90) price target on Basf and gave the stock a “buy” rating in a report on Friday. Commerzbank set a €90.10 ($107.26) price objective on Basf and gave the stock a “buy” rating in a research note on Friday. Kepler Capital Markets set a €116.00 ($138.10) price objective on Basf and gave the stock a “buy” rating in a research note on Friday. JPMorgan Chase & Co. set a €97.00 ($115.48) price objective on Basf and gave the stock a “neutral” rating in a research note on Friday. Finally, Deutsche Bank set a €109.00 ($129.76) price objective on Basf and gave the stock a “buy” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €98.18 ($116.88).

Shares of Basf (BAS) traded up €1.52 ($1.81) during midday trading on Friday, reaching €97.67 ($116.27). The company’s stock had a trading volume of 5,752,102 shares, compared to its average volume of 2,020,000. The firm has a market capitalization of $89,710.00 and a P/E ratio of 17.17. Basf has a fifty-two week low of €78.97 ($94.01) and a fifty-two week high of €98.80 ($117.62).

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Basf Company Profile

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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