Morgan Stanley Analysts Give Basf (BAS) a €88.00 Price Target
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).
ILLEGAL ACTIVITY WARNING: This piece of content was posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.watchlistnews.com/morgan-stanley-analysts-give-basf-bas-a-88-00-price-target/1774415.html.
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.
Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.