JPMorgan Chase & Co. set a €97.00 ($115.48) target price on Basf (ETR:BAS) in a research report sent to investors on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other brokerages have also recently commented on BAS. Berenberg Bank set a €96.00 ($114.29) target price on Basf and gave the stock a neutral rating in a report on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) target price on Basf and gave the stock a neutral rating in a report on Tuesday, October 17th. Nord/LB set a €92.00 ($109.52) target price on Basf and gave the stock a neutral rating in a report on Friday, December 8th. Morgan Stanley set a €82.00 ($97.62) target price on Basf and gave the stock a neutral rating in a report on Friday, December 8th. Finally, Macquarie set a €105.00 ($125.00) target price on Basf and gave the stock a buy rating in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €98.18 ($116.88).

Shares of Basf (ETR:BAS) traded up €1.52 ($1.81) during trading on Friday, hitting €97.67 ($116.27). The stock had a trading volume of 5,752,102 shares, compared to its average volume of 2,020,000. The stock has a market cap of $89,710.00 and a PE ratio of 17.17. Basf has a 12-month low of €78.97 ($94.01) and a 12-month high of €98.80 ($117.62).

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Basf Company Profile

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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