UBS Group Reiterates “€73.00” Price Target for Basf (BAS)

UBS Group set a €73.00 ($84.88) target price on Basf (ETR:BAS) in a research report released on Tuesday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the basic materials company’s stock.

Several other equities analysts have also issued reports on BAS. Baader Bank set a €93.00 ($108.14) price target on Basf and gave the stock a neutral rating in a research report on Friday, July 27th. Kepler Capital Markets set a €120.00 ($139.53) price target on Basf and gave the stock a buy rating in a research report on Friday, July 27th. Berenberg Bank set a €102.00 ($118.60) price target on Basf and gave the stock a buy rating in a research report on Monday, July 30th. Independent Research set a €102.00 ($118.60) price target on Basf and gave the stock a buy rating in a research report on Friday, July 27th. Finally, Commerzbank set a €90.10 ($104.77) price target on Basf and gave the stock a buy rating in a research report on Friday, July 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of Buy and an average price target of €89.36 ($103.91).

Shares of Basf stock opened at €65.73 ($76.43) on Tuesday. Basf has a 12 month low of €78.97 ($91.83) and a 12 month high of €98.70 ($114.77).

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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Analyst Recommendations for Basf (ETR:BAS)

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