Several other brokerages have also recently weighed in on BAS. Credit Suisse Group set a €105.00 ($122.09) target price on Basf and gave the stock a buy rating in a report on Friday, September 21st. Baader Bank set a €93.00 ($108.14) target price on Basf and gave the stock a neutral rating in a report on Tuesday, July 10th. Independent Research set a €88.00 ($102.33) target price on Basf and gave the stock a neutral rating in a report on Friday, September 28th. Societe Generale set a €95.00 ($110.47) target price on Basf and gave the stock a buy rating in a report on Monday, October 1st. Finally, Jefferies Financial Group set a €92.00 ($106.98) price objective on Basf and gave the stock a neutral rating in a research note on Monday, September 24th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the stock. Basf currently has a consensus rating of Buy and a consensus price target of €90.82 ($105.60).
Shares of BAS stock opened at €69.06 ($80.30) on Monday. Basf has a twelve month low of €78.97 ($91.83) and a twelve month high of €98.70 ($114.77).
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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