A number of other research firms have also weighed in on BAS. Berenberg Bank set a €96.00 ($114.29) price objective on Basf and gave the company a neutral rating in a research note on Wednesday, October 4th. Goldman Sachs Group set a €87.00 ($103.57) price target on Basf and gave the stock a neutral rating in a research note on Tuesday, October 17th. Nord/LB set a €92.00 ($109.52) price target on Basf and gave the stock a neutral rating in a research note on Friday, December 8th. Morgan Stanley set a €82.00 ($97.62) price target on Basf and gave the stock a neutral rating in a research note on Friday, December 8th. Finally, J P Morgan Chase & Co set a €105.00 ($125.00) price target on Basf and gave the stock a buy rating in a research note on Friday, October 13th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €95.96 ($114.24).
Shares of Basf (ETR:BAS) opened at €94.15 ($112.08) on Monday. Basf has a 52 week low of €78.97 ($94.01) and a 52 week high of €97.90 ($116.55).
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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