Basf (ETR:BAS) Stock Rating Reaffirmed by Goldman Sachs Group

Goldman Sachs Group reissued their neutral rating on shares of Basf (ETR:BAS) in a research report sent to investors on Monday morning, Borsen Zeitung reports.

BAS has been the subject of a number of other research reports. JPMorgan Chase & Co. reissued a neutral rating on shares of Basf in a research report on Friday, September 6th. HSBC set a €61.00 ($70.93) target price on shares of Basf and gave the company a neutral rating in a research report on Wednesday, July 31st. Barclays set a €66.00 ($76.74) target price on shares of Basf and gave the company a neutral rating in a research report on Wednesday, July 31st. Kepler Capital Markets set a €60.00 ($69.77) target price on shares of Basf and gave the company a neutral rating in a research report on Friday, June 28th. Finally, Independent Research set a €62.00 ($72.09) target price on shares of Basf and gave the company a neutral rating in a research report on Wednesday, September 4th. Sixteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €68.22 ($79.33).

ETR:BAS opened at €64.02 ($74.44) on Monday. The company has a market capitalization of $58.80 billion and a PE ratio of 6.27. The company has a 50 day simple moving average of €59.86 and a two-hundred day simple moving average of €63.97. The company has a debt-to-equity ratio of 51.50, a quick ratio of 0.98 and a current ratio of 1.69. Basf has a fifty-two week low of €55.64 ($64.70) and a fifty-two week high of €81.77 ($95.08).

About Basf

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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Analyst Recommendations for Basf (ETR:BAS)

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