Basf Se (BAS) Receives Buy Rating from Citigroup Inc.

Basf Se (ETR:BAS)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a report issued on Monday.

A number of other brokerages have also weighed in on BAS. Berenberg Bank set a €96.00 ($112.94) price target on Basf and gave the stock a “neutral” rating in a research note on Wednesday, October 4th. Goldman Sachs Group Inc set a €87.00 ($102.35) price target on Basf and gave the stock a “neutral” rating in a research note on Tuesday, October 17th. J P Morgan Chase & Co set a €105.00 ($123.53) price target on Basf and gave the stock a “buy” rating in a research note on Friday, October 13th. Macquarie set a €105.00 ($123.53) price target on Basf and gave the stock a “buy” rating in a research note on Friday, October 20th. Finally, Barclays PLC set a €97.00 ($114.12) price target on Basf and gave the stock a “neutral” rating in a research note on Monday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company. Basf has an average rating of “Hold” and an average price target of €95.96 ($112.90).

Basf (BAS) opened at €94.28 ($110.92) on Monday. Basf has a 52 week low of €77.84 ($91.58) and a 52 week 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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