Several other research firms have also commented on BAS. Berenberg Bank set a €96.00 ($114.29) price target on shares of Basf and gave the company a neutral rating in a report on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) price target on shares of Basf and gave the company a neutral rating in a report on Tuesday, October 17th. Nord/LB set a €92.00 ($109.52) price target on shares of Basf and gave the company a neutral rating in a report on Friday, December 8th. Morgan Stanley set a €82.00 ($97.62) price target on shares of Basf and gave the company a neutral rating in a report on Friday, December 8th. Finally, J P Morgan Chase & Co set a €105.00 ($125.00) price target on shares of Basf and gave the company a buy rating in a report on Friday, October 13th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €95.96 ($114.24).
Basf (ETR:BAS) opened at €93.75 ($111.61) on Monday. Basf has a 1-year low of €78.97 ($94.01) and a 1-year high of €97.90 ($116.55).
TRADEMARK VIOLATION NOTICE: This piece was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of U.S. and international copyright law. The legal version of this piece can be read at https://ledgergazette.com/2017/12/15/societe-generale-analysts-give-basf-bas-a-92-00-price-target.html.
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.
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.