Basf Se (ETR:BAS) received a €85.00 ($98.84) price target from HSBC Holdings plc in a report released on Wednesday. The firm currently has a “sell” rating on the basic materials company’s stock. HSBC Holdings plc’s price target would suggest a potential downside of 10.66% from the stock’s previous close.

Several other equities research analysts have also commented on the company. Barclays PLC set a €97.00 ($112.79) price objective on Basf Se and gave the stock a “neutral” rating in a research report on Friday, November 3rd. DZ Bank AG restated a “buy” rating on shares of Basf Se in a research report on Monday, October 30th. Warburg Research set a €109.00 ($126.74) target price on Basf Se and gave the company a “buy” rating in a research report on Monday, October 30th. Berenberg Bank set a €96.00 ($111.63) target price on Basf Se and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Finally, Citigroup Inc. set a €110.00 ($127.91) target price on Basf Se and gave the company a “buy” rating in a research report on Wednesday, October 25th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company’s stock. Basf Se presently has an average rating of “Hold” and a consensus price target of €95.35 ($110.87).

Shares of Basf Se (ETR BAS) opened at €95.14 ($110.63) on Wednesday. Basf Se has a 52-week low of €76.50 ($88.95) and a 52-week high of €97.90 ($113.84).

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Basf Se Company Profile

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)

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