UBS Group Analysts Give Basf (BAS) a €103.00 Price Target

Basf (ETR:BAS) has been assigned a €103.00 ($127.16) price objective by UBS Group in a report issued on Monday, www.boersen-zeitung.de reports. The firm currently has a “neutral” rating on the basic materials company’s stock. UBS Group’s price target would suggest a potential upside of 15.32% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Nord/LB set a €92.00 ($113.58) target price on shares of Basf and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Independent Research set a €93.00 ($114.81) target price on shares of Basf and gave the company a “neutral” rating in a research report on Friday, October 13th. Morgan Stanley set a €82.00 ($101.23) target price on shares of Basf and gave the company a “neutral” rating in a research report on Friday, October 13th. Baader Bank set a €100.00 ($123.46) target price on shares of Basf and gave the company a “buy” rating in a research report on Friday, October 13th. Finally, JPMorgan Chase & Co. set a €105.00 ($129.63) target price on shares of Basf and gave the company a “buy” rating in a research report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €98.35 ($121.42).

Shares of Basf (ETR:BAS) opened at €89.32 ($110.27) on Monday. Basf has a 52-week low of €78.97 ($97.49) and a 52-week high of €98.70 ($121.85). The company has a market cap of $83,110.00 and a P/E ratio of 15.70.

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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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