Basf (BAS) Given a €92.00 Price Target by Barclays Analysts

Barclays set a €92.00 ($106.98) target price on Basf (ETR:BAS) in a research note published on Wednesday morning. 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. Credit Suisse Group set a €105.00 ($122.09) price objective on Basf and gave the company a buy rating in a research note on Friday, September 21st. Independent Research set a €88.00 ($102.33) price objective on Basf and gave the company a neutral rating in a research note on Friday, September 28th. Societe Generale set a €95.00 ($110.47) price objective on Basf and gave the company a buy rating in a research note on Monday, October 1st. Kepler Capital Markets set a €96.00 ($111.63) price objective on Basf and gave the company a buy rating in a research note on Tuesday, November 20th. Finally, Jefferies Financial Group set a €92.00 ($106.98) price objective on Basf and gave the company a neutral rating in a research note on Monday, September 24th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of €85.14 ($99.00).

Shares of ETR:BAS opened at €64.37 ($74.85) on Wednesday. Basf has a 12-month low of €78.97 ($91.83) and a 12-month high of €98.70 ($114.77).

About Basf

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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Analyst Recommendations for Basf (ETR:BAS)

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