Basf (ETR:BAS) received a €99.00 ($117.86) price objective from Bank of America in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Bank of America’s target price would suggest a potential upside of 6.37% from the stock’s current price.

Other analysts have also issued research reports about the company. UBS Group set a €96.00 ($114.29) price objective on Basf and gave the stock a “buy” rating in a report on Tuesday, September 19th. Kepler Capital Markets set a €101.00 ($120.24) price objective on Basf and gave the stock a “buy” rating in a report on Tuesday, September 19th. Commerzbank set a €90.10 ($107.26) price objective on Basf and gave the stock a “buy” rating in a report on Tuesday, September 19th. Baader Bank set a €100.00 ($119.05) price objective on Basf and gave the stock a “buy” rating in a report on Thursday, September 28th. Finally, Deutsche Bank set a €101.00 ($120.24) price objective on Basf and gave the stock a “buy” rating in a report on Thursday, September 28th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €96.61 ($115.02).

Shares of Basf (BAS) opened at €93.07 ($110.80) on Thursday. Basf has a fifty-two week low of €78.97 ($94.01) and a fifty-two week high of €97.90 ($116.55). The firm has a market capitalization of $85,680.00 and a P/E ratio of 16.36.

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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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