Basf (BAS) Given a €95.00 Price Target by Credit Suisse Group Analysts

Basf (ETR:BAS) received a €95.00 ($110.47) price objective from equities researchers at Credit Suisse Group in a research report issued on Monday. The firm currently has a “buy” rating on the basic materials company’s stock. Credit Suisse Group’s target price indicates a potential upside of 43.55% from the stock’s previous close.

BAS has been the topic of several other research reports. Morgan Stanley set a €78.00 ($90.70) price objective on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, October 12th. Deutsche Bank set a €102.00 ($118.60) price objective on shares of Basf and gave the stock a “buy” rating in a research note on Friday, September 28th. Commerzbank set a €95.00 ($110.47) price objective on shares of Basf and gave the stock a “buy” rating in a research note on Tuesday, September 4th. HSBC set a €94.00 ($109.30) price objective on shares of Basf and gave the stock a “buy” rating in a research note on Wednesday, September 19th. Finally, UBS Group set a €87.00 ($101.16) price objective on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, September 28th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the stock. Basf has a consensus rating of “Buy” and a consensus target price of €91.61 ($106.52).

BAS opened at €66.18 ($76.95) on Monday. Basf has a fifty-two week low of €78.97 ($91.83) and a fifty-two week high of €98.70 ($114.77).

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.

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Analyst Recommendations for Basf (ETR:BAS)

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