Basf (BAS) PT Set at €74.00 by JPMorgan Chase & Co.

Basf (ETR:BAS) received a €74.00 ($86.05) target price from research analysts at JPMorgan Chase & Co. in a research note issued on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 17.40% from the company’s previous close.

A number of other research analysts also recently weighed in on the stock. Commerzbank set a €95.00 ($110.47) price objective on shares of Basf and gave the stock a “buy” rating in a research report on Friday, October 26th. Kepler Capital Markets set a €120.00 ($139.53) price objective on shares of Basf and gave the stock a “buy” rating in a research report on Friday, October 26th. Nord/LB set a €94.00 ($109.30) price objective on shares of Basf and gave the stock a “buy” rating in a research report on Friday, September 28th. Cfra set a €73.00 ($84.88) price objective on shares of Basf and gave the stock a “neutral” rating in a research report on Monday, October 29th. Finally, Morgan Stanley set a €78.00 ($90.70) price target on shares of Basf and gave the stock a “neutral” rating in a research report on Friday, October 12th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company. Basf has an average rating of “Buy” and an average target price of €77.43 ($90.03).

Shares of Basf stock opened at €63.03 ($73.29) on Thursday. 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.

Featured Story: How to invest in blue-chip stocks

Analyst Recommendations for Basf (ETR:BAS)

Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply