Baader Bank Analysts Give Basf (ETR:BAS) a €77.00 Price Target

Baader Bank set a €77.00 ($89.53) price target on Basf (ETR:BAS) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.

Several other research analysts have also commented on the stock. UBS Group set a €67.00 ($77.91) price target on shares of Basf and gave the stock a neutral rating in a research note on Monday, December 9th. Berenberg Bank set a €77.00 ($89.53) price target on shares of Basf and gave the stock a buy rating in a research note on Wednesday, January 15th. Jefferies Financial Group set a €60.00 ($69.77) price target on shares of Basf and gave the stock a neutral rating in a research note on Wednesday, January 8th. Warburg Research set a €67.70 ($78.72) price target on shares of Basf and gave the stock a neutral rating in a research note on Thursday, October 24th. Finally, Deutsche Bank set a €77.00 ($89.53) price target on shares of Basf and gave the stock a buy rating in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €66.25 ($77.03).

Shares of BAS opened at €63.09 ($73.36) on Monday. The company’s fifty day moving average is €66.81 and its 200-day moving average is €64.54. Basf has a 12 month low of €55.64 ($64.70) and a 12 month high of €74.61 ($86.76). The firm has a market cap of $57.95 billion and a price-to-earnings ratio of 6.37. The company has a quick ratio of 0.98, a current ratio of 1.78 and a debt-to-equity ratio of 48.41.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (ETR:BAS)

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