Basf (BAS) PT Set at €88.00 by Societe Generale
Societe Generale set a €88.00 ($102.33) price objective on Basf (ETR:BAS) in a research report report published on Friday. The brokerage currently has a buy rating on the basic materials company’s stock.
A number of other analysts have also recently commented on the stock. Credit Suisse Group set a €95.00 ($110.47) target price on shares of Basf and gave the company a buy rating in a report on Thursday, November 15th. Barclays set a €92.00 ($106.98) target price on shares of Basf and gave the company a buy rating in a report on Tuesday, November 13th. HSBC set a €89.00 ($103.49) target price on shares of Basf and gave the company a buy rating in a report on Tuesday, November 13th. UBS Group set a €73.00 ($84.88) target price on shares of Basf and gave the company a neutral rating in a report on Friday, November 9th. Finally, DZ Bank reaffirmed a buy rating on shares of Basf in a report on Monday, November 5th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the company. The stock currently has an average rating of Buy and an average target price of €89.95 ($104.60).
Shares of BAS stock opened at €67.18 ($78.12) on Friday. Basf has a 12 month low of €78.97 ($91.83) and a 12 month high of €98.70 ($114.77).
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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