Basf (BAS) PT Set at €111.00 by Warburg Research

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).

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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