Basf Se (BAS) Given a €90.10 Price Target by Commerzbank AG Analysts
Basf Se (ETR:BAS) has been assigned a €90.10 ($94.84) price target by stock analysts at Commerzbank AG in a report released on Wednesday. The brokerage presently has a “buy” rating on the stock.
Several other research firms also recently weighed in on BAS. Deutsche Bank AG set a €88.00 ($92.63) price target on Basf Se and gave the company a “buy” rating in a research note on Wednesday, November 9th. Morgan Stanley set a €67.00 ($70.53) price target on Basf Se and gave the company a “neutral” rating in a research note on Wednesday, October 12th. Credit Suisse Group AG set a €70.00 ($73.68) price target on Basf Se and gave the company a “sell” rating in a research note on Friday, October 28th. Baader Bank set a €55.00 ($57.89) price target on Basf Se and gave the company a “sell” rating in a research note on Monday, September 26th. Finally, HSBC set a €72.00 ($75.79) price target on Basf Se and gave the company a “neutral” rating in a research note on Friday, October 7th. Seven research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €76.08 ($80.09).
Shares of Basf Se (ETR:BAS) opened at 79.993 on Wednesday. Basf Se has a 52 week low of €56.04 and a 52 week high of €82.10. The company’s 50-day moving average price is €79.53 and its 200 day moving average price is €72.91. The company has a market cap of €73.47 billion and a P/E ratio of 19.869.
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About Basf Se
BASF SE is a chemical company. The Company operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. Its portfolio ranges from solvents, plasticizers and high-volume monomers to glues and electronic chemicals, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection and medicines.
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