Basf’s (BAS) Buy Rating Reiterated at DZ Bank
Several other equities analysts have also commented on BAS. UBS set a €99.00 ($117.86) target price on Basf and gave the company a buy rating in a report on Monday. Independent Research set a €97.00 ($115.48) target price on Basf and gave the company a neutral rating in a report on Monday. Sanford C. Bernstein set a €72.00 ($85.71) target price on Basf and gave the company a sell rating in a report on Monday. Barclays set a €97.00 ($115.48) target price on Basf and gave the company a neutral rating in a report on Monday. Finally, Baader Bank set a €100.00 ($119.05) target price on Basf and gave the company a buy rating in a report on Monday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €95.96 ($114.24).
Shares of Basf (ETR BAS) opened at €93.63 ($111.46) on Monday. Basf has a 52 week low of €77.84 ($92.67) and a 52 week high of €97.90 ($116.55).
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Basf 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.
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