Sanford C. Bernstein set a €56.00 ($62.92) target price on Basf (ETR:BAS) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

A number of other equities research analysts have also issued reports on BAS. Jefferies Financial Group set a €66.00 ($74.16) price target on Basf and gave the stock a buy rating in a research note on Monday, July 13th. Goldman Sachs Group set a €54.00 ($60.67) price target on Basf and gave the stock a neutral rating in a research note on Tuesday, July 14th. Kepler Capital Markets set a €51.00 ($57.30) price target on Basf and gave the stock a neutral rating in a research note on Thursday, June 25th. DZ Bank reaffirmed a neutral rating on shares of Basf in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. set a €45.00 ($50.56) target price on Basf and gave the company a neutral rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €53.44 ($60.04).

Shares of BAS stock opened at €46.81 ($52.60) on Wednesday. Basf has a 52-week low of €37.36 ($41.97) and a 52-week high of €72.17 ($81.09). The company has a debt-to-equity ratio of 52.95, a quick ratio of 0.93 and a current ratio of 1.62. The firm has a market capitalization of $42.99 billion and a P/E ratio of 5.46. The stock has a 50 day moving average price of €51.34 and a 200 day moving average price of €51.61.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (ETR:BAS)

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