Basf Se (BAS) PT Set at €82.00 by Morgan Stanley

Basf Se (ETR:BAS) has been given a €82.00 ($96.47) price objective by Morgan Stanley in a research note issued on Monday. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Morgan Stanley’s price objective would suggest a potential downside of 12.64% from the stock’s current price.

Several other equities analysts also recently weighed in on BAS. Sanford C. Bernstein set a €72.00 ($84.71) target price on Basf and gave the company a “sell” rating in a research report on Monday. Independent Research GmbH set a €97.00 ($114.12) price target on Basf and gave the company a “neutral” rating in a report on Monday. DZ Bank AG reaffirmed a “buy” rating on shares of Basf in a report on Monday. UBS AG set a €99.00 ($116.47) price target on Basf and gave the company a “buy” rating in a report on Monday. Finally, Barclays PLC set a €97.00 ($114.12) price target on Basf and gave the company a “neutral” rating in a report on Monday. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €95.96 ($112.90).

Basf (ETR:BAS) traded down €1.24 ($1.46) during midday trading on Monday, hitting €93.86 ($110.42). The stock had a trading volume of 1,279,049 shares, compared to its average volume of 2,040,000. Basf has a 1-year low of €77.84 ($91.58) and a 1-year high of €97.90 ($115.18).

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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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