Basf (BAS) Given a €99.00 Price Target at UBS
UBS set a €99.00 ($117.86) price objective on Basf (ETR:BAS) in a research note released on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the basic materials company’s stock.
BAS has been the topic of several other reports. Berenberg Bank set a €96.00 ($114.29) price target on shares of Basf and gave the company a neutral rating in a research report on Wednesday, October 25th. Macquarie set a €105.00 ($125.00) price target on shares of Basf and gave the company a buy rating in a research report on Monday, October 9th. Deutsche Bank reiterated a buy rating on shares of Basf in a research report on Friday, August 25th. Baader Bank set a €100.00 ($119.05) price target on shares of Basf and gave the company a buy rating in a research report on Thursday, September 28th. Finally, Sanford C. Bernstein set a €68.00 ($80.95) price target on shares of Basf and gave the company a sell rating in a research report on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €95.87 ($114.13).
Shares of Basf (BAS) opened at €94.22 ($112.17) on Thursday. Basf has a 1 year low of €78.97 ($94.01) and a 1 year high of €97.90 ($116.55).
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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