Independent Research set a €104.00 ($123.81) target price on Basf (ETR:BAS) in a research note issued to investors on Friday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other equities analysts have also issued reports about the stock. Macquarie set a €105.00 ($125.00) target price on shares of Basf and gave the company a buy rating in a report on Monday, October 2nd. Baader Bank set a €100.00 ($119.05) target price on shares of Basf and gave the company a buy rating in a report on Thursday, September 28th. Deutsche Bank set a €101.00 ($120.24) target price on shares of Basf and gave the company a buy rating in a report on Thursday, September 28th. UBS Group set a €96.00 ($114.29) target price on shares of Basf and gave the company a buy rating in a report on Monday, September 25th. Finally, Warburg Research set a €102.00 ($121.43) price target on shares of Basf and gave the stock a buy rating in a report on Thursday, September 21st. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. Basf has a consensus rating of Hold and a consensus target price of €98.18 ($116.88).

Basf (ETR BAS) opened at €97.77 ($116.39) on Friday. The firm has a market cap of $89,790.00 and a P/E ratio of 17.18. Basf has a 1-year low of €78.97 ($94.01) and a 1-year high of €98.70 ($117.50).

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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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