Morgan Stanley set a €88.00 ($104.76) price objective on Basf (ETR:BAS) in a research report released on Wednesday. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other analysts have also issued reports about the stock. Independent Research set a €93.00 ($110.71) price target on shares of Basf and gave the company a neutral rating in a research report on Wednesday, September 20th. Nord/LB set a €92.00 ($109.52) price target on shares of Basf and gave the company a neutral rating in a research report on Tuesday, October 24th. UBS set a €96.00 ($114.29) price target on shares of Basf and gave the company a buy rating in a research report on Tuesday, September 19th. Kepler Capital Markets set a €101.00 ($120.24) price objective on shares of Basf and gave the company a buy rating in a research note on Tuesday, September 19th. Finally, Citigroup set a €110.00 ($130.95) price objective on shares of Basf and gave the company a buy rating in a research note on Wednesday, September 20th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of €96.23 ($114.56).

Shares of Basf (ETR:BAS) opened at €93.57 ($111.39) on Wednesday. Basf has a 1-year low of €78.97 ($94.01) and a 1-year high of €97.90 ($116.55).

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About Basf

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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