BASF (BAS) Given Consensus Recommendation of “Hold” by Analysts

BASF (ETR:BAS) has been assigned an average rating of “Hold” from the twenty-five analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is €97.79 ($119.25).

Several equities research analysts have recently commented on BAS shares. Deutsche Bank set a €109.00 ($132.93) price target on shares of BASF and gave the company a “buy” rating in a research report on Thursday, January 4th. JPMorgan Chase set a €95.00 ($115.85) price target on shares of BASF and gave the company a “neutral” rating in a research report on Monday, January 8th. Sanford C. Bernstein set a €88.00 ($107.32) price target on shares of BASF and gave the company a “neutral” rating in a research report on Monday, January 8th. UBS set a €99.00 ($120.73) price target on shares of BASF and gave the company a “neutral” rating in a research report on Monday, January 8th. Finally, Bank of America set a €99.00 ($120.73) price target on shares of BASF and gave the company a “neutral” rating in a research report on Thursday, January 11th.

Shares of ETR BAS traded up €1.09 ($1.33) during midday trading on Friday, hitting €86.88 ($105.95). 4,824,097 shares of the company’s stock traded hands, compared to its average volume of 2,920,000. BASF has a 1 year low of €78.97 ($96.30) and a 1 year high of €98.70 ($120.37).

About BASF

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)

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