Jefferies Financial Group Analysts Give Basf (ETR:BAS) a €66.00 Price Target

Jefferies Financial Group set a €66.00 ($74.16) target price on Basf (ETR:BAS) in a research report report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.

BAS has been the topic of several other reports. Goldman Sachs Group set a €54.00 ($60.67) target price on Basf and gave the company a neutral rating in a research note on Wednesday. Credit Suisse Group set a €53.00 ($59.55) price target on Basf and gave the company a neutral rating in a research report on Monday, July 6th. Kepler Capital Markets set a €51.00 ($57.30) price target on Basf and gave the company a neutral rating in a research report on Thursday, June 25th. Independent Research set a €51.00 ($57.30) price target on Basf and gave the company a neutral rating in a research report on Wednesday. Finally, UBS Group set a €53.00 ($59.55) price target on Basf and gave the company a neutral rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €53.44 ($60.04).

BAS opened at €46.81 ($52.60) on Wednesday. The company has a debt-to-equity ratio of 52.95, a quick ratio of 0.93 and a current ratio of 1.62. Basf has a 52-week low of €37.36 ($41.97) and a 52-week high of €72.17 ($81.09). The stock has a market capitalization of $42.99 billion and a PE ratio of 5.46. The stock’s 50 day moving average price is €51.34 and its 200-day moving average price is €51.61.

About Basf

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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