UBS Group Analysts Give Basf (ETR:BAS) a €64.00 Price Target
UBS Group set a €64.00 ($74.42) price target on Basf (ETR:BAS) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.
BAS has been the subject of a number of other research reports. Sanford C. Bernstein set a €68.00 ($79.07) target price on shares of Basf and gave the stock a neutral rating in a research note on Tuesday. Credit Suisse Group set a $77.00 target price on shares of Monster Beverage and gave the stock a buy rating in a research note on Friday, May 3rd. Warburg Research set a €71.00 ($82.56) target price on shares of Basf and gave the stock a neutral rating in a research note on Monday, April 1st. Deutsche Bank restated a buy rating and set a GBX 3,400 ($44.43) target price on shares of in a research note on Tuesday. Finally, DZ Bank cut shares of from a buy rating to a hold rating in a research note on Friday, June 14th. Thirteen research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of €72.40 ($84.19).
ETR BAS opened at €60.70 ($70.58) on Tuesday. The business’s 50-day moving average is €61.46. The company has a current ratio of 1.84, a quick ratio of 0.76 and a debt-to-equity ratio of 57.58. The firm has a market cap of $54.65 billion and a PE ratio of 12.61. Basf has a 52-week low of €57.35 ($66.69) and a 52-week high of €84.91 ($98.73).
BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.
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