Baader Bank Reiterates “€100.00” Price Target for Basf (BAS)

Baader Bank set a €100.00 ($119.05) price objective on Basf (ETR:BAS) in a report issued on Friday morning. The firm currently has a buy rating on the basic materials company’s stock.

Several other research firms also recently commented on BAS. Barclays set a €97.00 ($115.48) price target on shares of Basf and gave the stock a neutral rating in a research note on Friday, November 3rd. set a €85.00 ($101.19) price target on shares of Basf and gave the stock a sell rating in a research note on Wednesday, November 8th. Sanford C. Bernstein set a €72.00 ($85.71) price target on shares of Basf and gave the stock a sell rating in a research note on Monday, November 27th. Commerzbank set a €90.10 ($107.26) price target on shares of Basf and gave the stock a buy rating in a research note on Friday. Finally, Citigroup restated a buy rating on shares of Basf in a research note on Monday, November 27th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €95.87 ($114.13).

Basf (BAS) opened at €94.22 ($112.17) on Friday. Basf has a 12 month low of €78.97 ($94.01) and a 12 month high of €97.90 ($116.55).

ILLEGAL ACTIVITY NOTICE: This piece was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://ledgergazette.com/2017/12/11/baader-bank-reiterates-100-00-price-target-for-basf-bas.html.

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.

Analyst Recommendations for Basf (ETR:BAS)

Receive News & Ratings for Basf Se Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf Se and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply