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.

Analyst Recommendations for Basf Se (ETR:BAS)

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