Basf (ETR:BAS) has been given a €74.00 ($86.05) price target by stock analysts at JPMorgan Chase & Co. in a report released on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 17.40% from the company’s current price.

A number of other equities analysts have also recently weighed in on the stock. Commerzbank set a €95.00 ($110.47) price objective on shares of Basf and gave the stock a “buy” rating in a research report on Friday, October 26th. Kepler Capital Markets set a €120.00 ($139.53) price objective on shares of Basf and gave the stock a “buy” rating in a research report on Friday, October 26th. Nord/LB set a €94.00 ($109.30) price objective on shares of Basf and gave the stock a “buy” rating in a research report on Friday, September 28th. Cfra set a €73.00 ($84.88) price objective on shares of Basf and gave the stock a “neutral” rating in a research report on Monday, October 29th. Finally, Morgan Stanley set a €78.00 ($90.70) price objective on shares of Basf and gave the stock a “neutral” rating in a research report on Friday, October 12th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of €77.43 ($90.03).

ETR:BAS opened at €63.03 ($73.29) on Thursday. Basf has a fifty-two week low of €78.97 ($91.83) and a fifty-two week high of €98.70 ($114.77).

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.

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Analyst Recommendations for Basf (ETR:BAS)

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