UBS Group set a €80.00 ($93.02) price objective on Basf (ETR:BAS) in a report published on Wednesday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the basic materials company’s stock.
BAS has been the topic of several other research reports. Credit Suisse Group set a €105.00 ($122.09) price target on Basf and gave the stock a buy rating in a research note on Friday, September 21st. Deutsche Bank set a €102.00 ($118.60) price target on Basf and gave the stock a buy rating in a research note on Friday, September 28th. Commerzbank set a €95.00 ($110.47) price target on Basf and gave the stock a buy rating in a research note on Tuesday, September 4th. HSBC set a €94.00 ($109.30) price objective on Basf and gave the company a buy rating in a report on Wednesday, September 19th. Finally, Societe Generale set a €95.00 ($110.47) price objective on Basf and gave the company a buy rating in a report on Monday, October 1st. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of €95.80 ($111.40).
ETR:BAS opened at €69.02 ($80.26) on Wednesday. Basf has a one year low of €78.97 ($91.83) and a one year high of €98.70 ($114.77).
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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