Basf Se (BAS) PT Set at €106.00 by Berenberg Bank
Basf Se (ETR:BAS) has been assigned a €106.00 ($124.71) price objective by Berenberg Bank in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the basic materials company’s stock. Berenberg Bank’s price target would suggest a potential upside of 14.71% from the stock’s current price.
Several other equities analysts have also recently weighed in on BAS. Macquarie set a €105.00 ($123.53) price objective on Basf Se and gave the stock a “buy” rating in a research report on Monday, October 2nd. Deutsche Bank AG set a €101.00 ($118.82) price target on Basf Se and gave the company a “buy” rating in a report on Thursday, September 28th. Baader Bank set a €100.00 ($117.65) price target on Basf Se and gave the company a “buy” rating in a report on Thursday, September 28th. Goldman Sachs Group Inc set a €87.00 ($102.35) price target on Basf Se and gave the company a “neutral” rating in a report on Tuesday, August 8th. Finally, DZ Bank AG reaffirmed a “buy” rating on shares of Basf Se in a report on Wednesday, September 20th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Basf Se currently has an average rating of “Hold” and a consensus target price of €95.87 ($112.79).
Shares of Basf Se (BAS) opened at €92.41 ($108.72) on Wednesday. Basf Se has a 12-month low of €77.84 ($91.58) and a 12-month high of €97.90 ($115.18).
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About Basf Se
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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