Basf (ETR:BAS) received a €99.00 ($117.86) target price from equities researchers at Nord/LB in a note issued to investors on Friday. The brokerage presently has a “neutral” rating on the basic materials company’s stock. Nord/LB’s price target indicates a potential upside of 0.96% from the stock’s current price.

Several other brokerages have also issued reports on BAS. Warburg Research set a €102.00 ($121.43) price target on Basf and gave the company a “buy” rating in a research note on Thursday, September 21st. Macquarie set a €105.00 ($125.00) price target on Basf and gave the company a “buy” rating in a research note on Monday, September 25th. UBS Group set a €96.00 ($114.29) price target on Basf and gave the company a “buy” rating in a research note on Monday, September 25th. Deutsche Bank set a €101.00 ($120.24) price target on Basf and gave the company a “buy” rating in a research note on Thursday, September 28th. Finally, Baader Bank set a €100.00 ($119.05) price target on Basf and gave the company a “buy” rating in a research note on Thursday, September 28th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €97.61 ($116.21).

Shares of Basf (ETR:BAS) opened at €98.06 ($116.74) on Friday. Basf has a twelve month low of €78.97 ($94.01) and a twelve month high of €97.90 ($116.55). The company has a market capitalization of $88,310.00 and a P/E ratio of 17.23.

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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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