Basf (BAS) Given a €60.00 Price Target by UBS Group Analysts

UBS Group set a €60.00 ($69.77) price target on Basf (ETR:BAS) in a research note published on Monday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other equities research analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €120.00 ($139.53) price objective on shares of Basf and gave the company a buy rating in a research note on Friday, September 28th. Nord/LB set a €94.00 ($109.30) price objective on shares of Basf and gave the company a buy rating in a research note on Friday, September 28th. Deutsche Bank set a €102.00 ($118.60) price objective on shares of Basf and gave the company a buy rating in a research note on Friday, September 28th. Barclays set a €101.00 ($117.44) price objective on shares of Basf and gave the company a buy rating in a research note on Friday, September 28th. Finally, Commerzbank set a €95.00 ($110.47) price objective on shares of Basf and gave the company a buy rating in a research note on Wednesday, September 26th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €78.41 ($91.17).

Shares of Basf stock opened at €63.50 ($73.84) on Monday. Basf has a 52-week low of €78.97 ($91.83) and a 52-week high of €98.70 ($114.77).

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.

See Also: Certificate of Deposit (CD)

Analyst Recommendations for Basf (ETR:BAS)

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