Basf Se (BAS) Given a €96.00 Price Target by BNP Paribas Analysts
Basf Se (ETR:BAS) received a €96.00 ($112.94) price objective from stock analysts at BNP Paribas in a report released on Friday. The firm currently has a “buy” rating on the basic materials company’s stock.
A number of other equities analysts also recently commented on BAS. Baader Bank set a €85.00 ($100.00) price objective on shares of Basf Se and gave the stock a “neutral” rating in a research note on Friday, June 9th. Goldman Sachs Group, Inc. (The) set a €82.00 ($96.47) price objective on shares of Basf Se and gave the stock a “neutral” rating in a research note on Monday, June 12th. UBS AG set a €99.00 ($116.47) price objective on shares of Basf Se and gave the stock a “buy” rating in a research note on Monday, June 12th. Societe Generale set a €102.00 ($120.00) price objective on shares of Basf Se and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Finally, Commerzbank Ag set a €90.10 ($106.00) price objective on shares of Basf Se and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €91.92 ($108.14).
Shares of Basf Se (ETR:BAS) opened at 89.803 on Friday. Basf Se has a 52-week low of €75.30 and a 52-week high of €94.15. The company’s 50-day moving average price is €85.33 and its 200-day moving average price is €85.93. The firm has a market cap of €82.48 billion and a PE ratio of 17.273.
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Basf Se Company Profile
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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