Basf (ETR:BAS)‘s stock had its “buy” rating reaffirmed by analysts at DZ Bank in a note issued to investors on Monday.

Several other brokerages have also recently commented on BAS. Berenberg Bank set a €96.00 ($114.29) target price on shares of Basf and gave the stock a “neutral” rating in a report on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) target price on shares of Basf and gave the stock a “neutral” rating in a report on Tuesday, October 17th. Nord/LB set a €92.00 ($109.52) target price on shares of Basf and gave the stock a “neutral” rating in a report on Friday, December 8th. Morgan Stanley set a €82.00 ($97.62) price objective on shares of Basf and gave the company a “neutral” rating in a research note on Friday, December 8th. Finally, UBS Group set a €99.00 ($117.86) price objective on shares of Basf and gave the company a “neutral” rating in a research note on Friday. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. Basf presently has a consensus rating of “Hold” and an average price target of €98.18 ($116.88).

Shares of Basf (BAS) traded down €0.61 ($0.73) on Monday, hitting €97.06 ($115.55). 1,240,000 shares of the stock traded hands, compared to its average volume of 2,220,000. Basf has a 12 month low of €78.97 ($94.01) and a 12 month high of €98.70 ($117.50). The company has a market capitalization of $89,150.00 and a PE ratio of 17.06.

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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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