Basf (ETR:BAS) received a €111.00 ($129.07) price target from equities researchers at Warburg Research in a research note issued on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock. Warburg Research’s price objective suggests a potential upside of 29.02% from the stock’s previous close.
A number of other research firms have also recently commented on BAS. DZ Bank reiterated a “buy” rating on shares of Basf in a research note on Tuesday, May 22nd. Barclays set a €105.00 ($122.09) target price on Basf and gave the stock a “buy” rating in a research note on Thursday, May 24th. Kepler Capital Markets set a €116.00 ($134.88) target price on Basf and gave the stock a “buy” rating in a research note on Friday, February 23rd. UBS Group set a €103.00 ($119.77) target price on Basf and gave the stock a “neutral” rating in a research note on Tuesday, February 27th. Finally, Berenberg Bank set a €106.00 ($123.26) price objective on Basf and gave the company a “buy” rating in a research note on Friday, May 25th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Basf has an average rating of “Hold” and an average price target of €98.42 ($114.44).
Shares of Basf opened at €86.00 ($100.00) on Thursday, Marketbeat reports. Basf has a 52-week low of €78.97 ($91.83) and a 52-week 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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