Basf (BAS) PT Set at €90.10 by Commerzbank
Basf (ETR:BAS) has been given a €90.10 ($107.26) target price by analysts at Commerzbank in a research note issued on Friday. The firm presently has a “buy” rating on the basic materials company’s stock. Commerzbank’s target price suggests a potential downside of 4.23% from the company’s previous close.
BAS has been the topic of several other reports. set a €85.00 ($101.19) price target on shares of Basf and gave the company a “sell” rating in a report on Wednesday, November 8th. Deutsche Bank set a €101.00 ($120.24) price target on shares of Basf and gave the company a “buy” rating in a report on Wednesday, September 20th. UBS set a €99.00 ($117.86) price target on shares of Basf and gave the company a “buy” rating in a report on Monday, November 27th. DZ Bank restated a “buy” rating on shares of Basf in a report on Monday, October 30th. Finally, Sanford C. Bernstein set a €72.00 ($85.71) price target on shares of Basf and gave the company a “sell” rating in a report on Monday, November 27th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €95.87 ($114.13).
Basf (ETR BAS) opened at €94.08 ($112.00) on Friday. Basf has a fifty-two week low of €78.97 ($94.01) and a fifty-two week high of €97.90 ($116.55).
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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