Barclays set a €92.00 ($106.98) price objective on Basf (ETR:BAS) in a report published on Friday morning. The firm currently has a buy rating on the basic materials company’s stock.

Several other research firms have also commented on BAS. Deutsche Bank set a €105.00 ($122.09) price objective on shares of Basf and gave the stock a buy rating in a research note on Thursday, June 28th. UBS Group set a €92.00 ($106.98) price objective on shares of Basf and gave the stock a neutral rating in a research note on Monday, July 2nd. Morgan Stanley set a €91.00 ($105.81) price objective on shares of Basf and gave the stock a neutral rating in a research note on Monday, July 2nd. Independent Research set a €102.00 ($118.60) price objective on shares of Basf and gave the stock a buy rating in a research note on Tuesday, July 10th. Finally, Baader Bank set a €93.00 ($108.14) price objective on shares of Basf and gave the stock a neutral rating in a research note on Tuesday, July 10th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of €95.44 ($110.98).

Shares of ETR:BAS traded down €0.53 ($0.62) during trading hours on Friday, hitting €67.65 ($78.66). The company’s stock had a trading volume of 3,862,099 shares, compared to its average volume of 2,920,000. Basf has a 52 week low of €78.97 ($91.83) and a 52 week high of €98.70 ($114.77).

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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Analyst Recommendations for Basf (ETR:BAS)

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