Basf’s (BAS) “Buy” Rating Reaffirmed at DZ Bank

Basf (ETR:BAS)‘s stock had its “buy” rating reissued by analysts at DZ Bank in a report issued on Monday.

A number of other equities research analysts have also issued reports on BAS. Macquarie set a €105.00 ($125.00) target price on shares of Basf and gave the company a “buy” rating in a research note on Monday, September 25th. UBS Group set a €96.00 ($114.29) target price on shares of Basf and gave the company a “buy” rating in a research note on Monday, September 25th. Deutsche Bank set a €101.00 ($120.24) target price on shares of Basf and gave the company a “buy” rating in a research note on Thursday, September 28th. Baader Bank set a €100.00 ($119.05) target price on shares of Basf and gave the company a “buy” rating in a research note on Thursday, September 28th. Finally, Sanford C. Bernstein set a €68.00 ($80.95) target price on shares of Basf and gave the company a “sell” rating in a research note on Monday, October 2nd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Basf has an average rating of “Hold” and a consensus target price of €98.18 ($116.88).

Shares of Basf (ETR:BAS) traded down €0.61 ($0.73) during trading hours on Monday, hitting €97.06 ($115.55). 1,240,000 shares of the company’s stock were exchanged, compared to its average volume of 2,220,000. The firm has a market cap of $89,150.00 and a price-to-earnings ratio of 17.06. Basf has a 52 week low of €78.97 ($94.01) and a 52 week high of €98.70 ($117.50).

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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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