Basf (ETR:BAS) has been assigned a €100.00 ($119.05) price target by equities research analysts at Baader Bank in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the basic materials company’s stock. Baader Bank’s target price indicates a potential upside of 6.06% from the company’s previous close.

Several other research analysts also recently commented on the company. Commerzbank set a €90.10 ($107.26) target price on Basf and gave the stock a “buy” rating in a research note on Friday. UBS set a €99.00 ($117.86) target price on Basf and gave the stock a “neutral” rating in a research note on Thursday. Deutsche Bank set a €109.00 ($129.76) target price on Basf and gave the stock a “buy” rating in a research note on Monday. Kepler Capital Markets set a €112.00 ($133.33) target price on Basf and gave the stock a “buy” rating in a research note on Monday. Finally, Societe Generale set a €92.00 ($109.52) target price on Basf and gave the stock a “buy” rating in a research note on Friday, December 1st. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €95.87 ($114.13).

Basf (ETR:BAS) opened at €94.29 ($112.25) on Friday. Basf has a 12 month low of €78.97 ($94.01) and a 12 month high of €97.90 ($116.55).

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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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