Basf (BAS) Given a €80.00 Price Target at UBS Group
UBS Group set a €80.00 ($93.02) price objective on Basf (ETR:BAS) in a report published on Wednesday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the basic materials company’s stock.
A number of other research firms have also issued reports on BAS. Deutsche Bank set a €105.00 ($122.09) price target on shares of Basf and gave the company a buy rating in a report on Friday, June 15th. Warburg Research set a €111.00 ($129.07) price target on shares of Basf and gave the company a buy rating in a report on Thursday, June 14th. Baader Bank set a €93.00 ($108.14) price target on shares of Basf and gave the company a neutral rating in a report on Wednesday, July 18th. Barclays set a €105.00 ($122.09) price target on shares of Basf and gave the company a buy rating in a report on Tuesday, July 24th. Finally, JPMorgan Chase & Co. set a €94.00 ($109.30) price target on shares of Basf and gave the company a neutral rating in a report on Friday, July 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Basf currently has an average rating of Buy and a consensus target price of €95.80 ($111.40).
BAS stock opened at €69.02 ($80.26) on Wednesday. Basf has a 52-week low of €78.97 ($91.83) and a 52-week high of €98.70 ($114.77).
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.
Recommended Story: The risks of owning bonds
Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.