Basf (ETR:BAS)‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued on Wednesday, March 14th.
BAS has been the subject of several other reports. Nord/LB set a €99.00 ($122.22) price target on shares of Basf and gave the company a “neutral” rating in a report on Friday, January 19th. Morgan Stanley set a €88.00 ($108.64) price objective on shares of Basf and gave the company a “neutral” rating in a research report on Tuesday, December 26th. Baader Bank set a €100.00 ($123.46) price objective on shares of Basf and gave the company a “buy” rating in a research report on Monday, November 27th. Citigroup restated a “buy” rating on shares of Basf in a research report on Thursday, March 8th. Finally, Berenberg Bank set a €106.00 ($130.86) price target on shares of Basf and gave the stock a “buy” rating in a research report on Tuesday, March 6th. One 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 stock. The stock currently has a consensus rating of “Hold” and an average target price of €97.50 ($120.38).
Shares of Basf (ETR:BAS) opened at €84.43 ($104.23) on Wednesday. Basf has a 1-year low of €78.97 ($97.49) and a 1-year high of €98.70 ($121.85). The firm has a market cap 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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