Basf (ETR:BAS) has been assigned a €88.00 ($104.76) price target by investment analysts at Morgan Stanley in a report issued on Wednesday. The firm currently has a “neutral” rating on the basic materials company’s stock. Morgan Stanley’s price objective suggests a potential downside of 6.55% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. set a €78.00 ($92.86) target price on Basf and gave the stock a “neutral” rating in a research report on Thursday, August 24th. Barclays set a €97.00 ($115.48) target price on Basf and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Berenberg Bank set a €96.00 ($114.29) target price on Basf and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. DZ Bank reissued a “buy” rating on shares of Basf in a research report on Monday, October 30th. Finally, UBS set a €99.00 ($117.86) target price on Basf and gave the stock a “buy” rating in a research report on Monday, November 20th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €96.23 ($114.56).

Basf (ETR BAS) opened at €94.17 ($112.11) on Wednesday. Basf has a 12-month low of €78.97 ($94.01) and a 12-month high of €97.90 ($116.55).

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Basf 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.

Analyst Recommendations for Basf (ETR:BAS)

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