Bank of America Analysts Give Basf (BAS) a €99.00 Price Target

Bank of America set a €99.00 ($117.86) price target on Basf (ETR:BAS) in a research note released on Thursday. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other research firms have also recently commented on BAS. Berenberg Bank set a €96.00 ($114.29) price target on Basf and gave the company a neutral rating in a research note on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) price target on Basf and gave the company a neutral rating in a research note on Tuesday, October 17th. Nord/LB set a €92.00 ($109.52) price target on Basf and gave the company a neutral rating in a research note on Friday, December 8th. Morgan Stanley set a €82.00 ($97.62) price target on Basf and gave the company a neutral rating in a research note on Friday, December 8th. Finally, JPMorgan Chase & Co. set a €105.00 ($125.00) price target on Basf and gave the company a buy rating in a research note on Friday, October 13th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of €96.57 ($114.96).

Shares of Basf (ETR BAS) opened at €94.87 ($112.94) on Thursday. Basf has a 12 month low of €78.97 ($94.01) and a 12 month high of €97.90 ($116.55). The company has a market capitalization of $87,140.00 and a PE ratio of 16.67.

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About Basf

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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