UBS Group set a €60.00 ($69.77) target price on Basf (ETR:BAS) in a research report released on Monday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other equities analysts have also commented 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 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 report on Friday, October 26th. Cfra set a €73.00 ($84.88) price objective on shares of Basf and gave the stock a neutral rating in a report on Monday, October 29th. Jefferies Financial Group set a €73.00 ($84.88) price objective on shares of Basf and gave the stock a neutral rating in a report on Wednesday, November 28th. Finally, Deutsche Bank set a €90.00 ($104.65) price objective on shares of Basf and gave the stock a buy rating in a report on Friday, November 30th. Ten investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of €76.43 ($88.87).

Shares of BAS stock opened at €66.32 ($77.12) on Monday. Basf has a 12 month low of €78.97 ($91.83) and a 12 month 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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