Basf (BAS) PT Set at €88.00 by Sanford C. Bernstein
Basf (ETR:BAS) received a €88.00 ($102.33) target price from investment analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the basic materials company’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 33.23% from the stock’s previous close.
A number of other research firms have also issued reports on BAS. Credit Suisse Group set a €105.00 ($122.09) price target on Basf and gave the company a “buy” rating in a research report on Friday, September 21st. Independent Research set a €88.00 ($102.33) price objective on Basf and gave the stock a “neutral” rating in a research report on Friday, September 28th. Societe Generale set a €95.00 ($110.47) price objective on Basf and gave the stock a “buy” rating in a research report on Monday, October 1st. Kepler Capital Markets set a €96.00 ($111.63) price objective on Basf and gave the stock a “buy” rating in a research report on Tuesday. Finally, Jefferies Financial Group set a €92.00 ($106.98) price objective on Basf and gave the stock a “neutral” rating in a research report on Monday, September 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the company’s stock. Basf has an average rating of “Buy” and an average price target of €89.36 ($103.91).
BAS stock opened at €66.05 ($76.80) on Tuesday. Basf has a 1 year low of €78.97 ($91.83) and a 1 year 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.
Featured Article: Swap
Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.