Basf (BAS) PT Set at €90.10 by Commerzbank

Basf (ETR:BAS) has been given a €90.10 ($107.26) target price by Commerzbank in a research note issued to investors on Friday. The firm presently has a “buy” rating on the basic materials company’s stock. Commerzbank’s target price indicates a potential downside of 7.75% from the company’s previous close.

BAS has been the subject of several other research reports. set a €85.00 ($101.19) price target on shares of Basf and gave the stock a “sell” rating in a research report on Wednesday, November 8th. UBS Group set a €99.00 ($117.86) price target on shares of Basf and gave the stock a “buy” rating in a research report on Monday, November 27th. DZ Bank reiterated a “buy” rating on shares of Basf in a research report on Monday, October 30th. Barclays set a €96.00 ($114.29) price target on shares of Basf and gave the stock a “neutral” rating in a research report on Friday, January 12th. Finally, 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 report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €98.18 ($116.88).

Shares of Basf (ETR:BAS) opened at €97.67 ($116.27) on Friday. Basf has a 1 year low of €78.97 ($94.01) and a 1 year 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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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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