UBS Group Analysts Give Basf (BAS) a €64.00 Price Target

UBS Group set a €64.00 ($74.42) price target on Basf (ETR:BAS) in a research note released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

A number of other brokerages also recently weighed in on BAS. JPMorgan Chase & Co. set a €78.00 ($90.70) price target on shares of Basf and gave the stock a buy rating in a report on Tuesday, April 23rd. Kepler Capital Markets set a €60.00 ($69.77) price target on shares of Basf and gave the stock a neutral rating in a report on Thursday, May 2nd. Credit Suisse Group set a €78.00 ($90.70) price target on shares of Basf and gave the stock a buy rating in a report on Friday, April 12th. Deutsche Bank set a €85.00 ($98.84) price target on shares of Basf and gave the stock a buy rating in a report on Thursday, April 4th. Finally, Sanford C. Bernstein set a €66.00 ($76.74) price target on shares of Basf and gave the stock a neutral rating in a report on Wednesday, April 10th. Eleven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €75.25 ($87.50).

Shares of ETR:BAS opened at €68.71 ($79.90) on Friday. The company has a current ratio of 1.85, a quick ratio of 0.65 and a debt-to-equity ratio of 59.37. The stock has a market capitalization of $63.38 billion and a P/E ratio of 13.45. Basf has a fifty-two week low of €57.35 ($66.69) and a fifty-two week high of €90.02 ($104.67).

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (ETR:BAS)

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