Basf (BAS) Given a €64.00 Price Target at Jefferies Financial Group
Jefferies Financial Group set a €64.00 ($74.42) target price on Basf (ETR:BAS) in a research report sent to investors on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.
Other equities analysts have also recently issued research reports about the company. Credit Suisse Group set a €105.00 ($122.09) target price on Basf and gave the stock a buy rating in a report on Monday, August 20th. Barclays set a €101.00 ($117.44) price objective on Basf and gave the company a buy rating in a report on Wednesday, August 15th. HSBC set a €94.00 ($109.30) price objective on Basf and gave the company a buy rating in a report on Wednesday, September 19th. Commerzbank set a €95.00 ($110.47) price objective on Basf and gave the company a buy rating in a report on Tuesday, September 4th. Finally, Societe Generale set a €95.00 ($110.47) price objective on Basf and gave the company a buy rating in a report on Tuesday, September 25th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. Basf presently has an average rating of Buy and an average price target of €84.73 ($98.52).
Shares of Basf stock opened at €60.69 ($70.57) on Friday. Basf has a one year low of €78.97 ($91.83) and a one 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.
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