Berenberg Bank set a €96.00 ($112.94) price target on Basf Se (ETR:BAS) in a research note published on Wednesday. The firm currently has a neutral rating on the basic materials company’s stock.

Other analysts have also recently issued reports about the stock. UBS AG set a €99.00 ($116.47) target price on shares of Basf Se and gave the stock a buy rating in a report on Tuesday, June 6th. Macquarie set a €105.00 ($123.53) target price on shares of Basf Se and gave the stock a buy rating in a report on Thursday, June 29th. Citigroup Inc. set a €110.00 ($129.41) target price on shares of Basf Se and gave the stock a buy rating in a report on Thursday, June 29th. BNP Paribas set a €96.00 ($112.94) target price on shares of Basf Se and gave the stock a buy rating in a report on Wednesday, June 28th. Finally, Deutsche Bank AG set a €101.00 ($118.82) target price on shares of Basf Se and gave the stock a buy rating in a report on Monday, June 26th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €91.92 ($108.14).

Basf Se (ETR:BAS) opened at 89.803 on Wednesday. The firm has a market capitalization of €82.48 billion and a price-to-earnings ratio of 17.273. Basf Se has a 1-year low of €71.30 and a 1-year high of €94.15. The firm has a 50-day moving average of €85.33 and a 200-day moving average of €85.93.

TRADEMARK VIOLATION NOTICE: This report was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/10/06/berenberg-bank-analysts-give-basf-se-bas-a-96-00-price-target.html.

About Basf Se

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 Se (ETR:BAS)

Receive News & Ratings for Basf Se Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf Se and related companies with MarketBeat.com's FREE daily email newsletter.