Basf (BAS) Given a €92.00 Price Target at Societe Generale

Societe Generale set a €92.00 ($109.52) price target on Basf (ETR:BAS) in a research report released on Friday. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other brokerages have also recently issued reports on BAS. Berenberg Bank set a €96.00 ($114.29) price target on shares of Basf and gave the stock a neutral rating in a research note on Wednesday, October 25th. Macquarie set a €105.00 ($125.00) price target on shares of Basf and gave the stock a buy rating in a research note on Monday, October 9th. Deutsche Bank reiterated a buy rating on shares of Basf in a research note on Friday, August 25th. Baader Bank set a €100.00 ($119.05) price target on shares of Basf and gave the stock a buy rating in a research note on Thursday, September 28th. Finally, Sanford C. Bernstein set a €68.00 ($80.95) target price on Basf and gave the stock a sell rating in a research report on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €95.92 ($114.19).

Basf (ETR:BAS) opened at €94.30 ($112.26) on Friday. Basf has a 52-week low of €78.85 ($93.87) and a 52-week 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.

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