Citigroup set a €110.00 ($135.80) target price on Basf (ETR:BAS) in a research report report published on Tuesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
Other equities research analysts also recently issued research reports about the company. Barclays set a €96.00 ($118.52) price objective on Basf and gave the company a neutral rating in a report on Friday, March 16th. Baader Bank set a €100.00 ($123.46) price objective on Basf and gave the stock a buy rating in a research report on Tuesday, February 6th. Kepler Capital Markets set a €116.00 ($143.21) price objective on Basf and gave the stock a buy rating in a research report on Thursday, March 8th. Nord/LB set a €92.00 ($113.58) price objective on Basf and gave the stock a neutral rating in a research report on Friday, December 8th. Finally, HSBC set a €85.00 ($104.94) price objective on Basf and gave the stock a neutral rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €97.50 ($120.38).
Shares of Basf (BAS) opened at €84.39 ($104.19) on Tuesday. Basf has a twelve month low of €78.97 ($97.49) and a twelve month high of €98.70 ($121.85). The firm has a market capitalization of $77,180.00 and a price-to-earnings ratio of 12.77.
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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.
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