Basf Se (BAS) Given Average Recommendation of “Hold” by Brokerages

Shares of Basf Se (ETR:BAS) have been given a consensus recommendation of “Hold” by the twenty-five research firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is €97.27 ($120.08).

BAS has been the subject of several research analyst reports. Macquarie set a €105.00 ($129.63) price objective on Basf and gave the company a “buy” rating in a research report on Friday, October 20th. JPMorgan Chase & Co. set a €105.00 ($129.63) price objective on Basf and gave the company a “buy” rating in a research report on Tuesday, October 24th. Warburg Research set a €104.00 ($128.40) price objective on Basf and gave the company a “buy” rating in a research report on Thursday, October 19th. Kepler Capital Markets set a €108.00 ($133.33) price objective on Basf and gave the company a “buy” rating in a research report on Wednesday, October 18th. Finally, UBS Group set a €97.00 ($119.75) price objective on Basf and gave the company a “buy” rating in a research report on Tuesday, October 24th.

Basf (BAS) opened at €85.65 ($105.74) on Tuesday. Basf has a 12-month low of €78.97 ($97.49) and a 12-month high of €98.70 ($121.85). The stock has a market capitalization of $79,070.00 and a P/E ratio of 15.05.

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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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