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).

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About Basf

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 (ETR:BAS)

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