Goldman Sachs Group, Inc. (The) Reiterates “€87.00” Price Target for Basf Se (BAS)

Goldman Sachs Group, Inc. (The) set a €87.00 ($102.35) target price on Basf Se (ETR:BAS) in a research report released on Tuesday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

BAS has been the subject of a number of other reports. Macquarie set a €105.00 ($123.53) target price on Basf Se and gave the company a buy rating in a research note on Thursday, June 29th. Jefferies Group LLC set a €93.00 ($109.41) target price on Basf Se and gave the company a neutral rating in a research note on Monday, July 24th. Deutsche Bank AG set a €101.00 ($118.82) target price on Basf Se and gave the company a buy rating in a research note on Wednesday, September 20th. Warburg Research set a €98.60 ($116.00) price objective on Basf Se and gave the stock a buy rating in a research report on Friday, July 28th. Finally, Independent Research GmbH set a €92.00 ($108.24) price objective on Basf Se and gave the stock a neutral rating in a research report on Monday, July 10th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €92.59 ($108.93).

Shares of Basf Se (ETR:BAS) opened at 90.711 on Tuesday. Basf Se has a 52 week low of €75.30 and a 52 week high of €94.15. The stock has a market capitalization of €83.32 billion and a P/E ratio of 17.448. The company has a 50-day moving average price of €87.27 and a 200 day moving average price of €85.84.

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About Basf Se

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 Se (ETR:BAS)

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