Basf (BAS) Given “Neutral” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Basf (ETR:BAS) in a research note released on Thursday.

A number of other research firms also recently issued reports on BAS. Credit Suisse Group set a €105.00 ($122.09) price target on shares of Basf and gave the stock a buy rating in a research note on Friday, September 21st. Independent Research set a €88.00 ($102.33) price target on shares of Basf and gave the stock a neutral rating in a research note on Friday, September 28th. Societe Generale set a €95.00 ($110.47) price target on shares of Basf and gave the stock a buy rating in a research note on Monday, October 1st. Kepler Capital Markets set a €96.00 ($111.63) price target on shares of Basf and gave the stock a buy rating in a research note on Tuesday, November 20th. Finally, Jefferies Financial Group set a €92.00 ($106.98) price target on shares of Basf and gave the stock a neutral rating in a research note on Monday, September 24th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of €89.36 ($103.91).

BAS stock opened at €65.70 ($76.40) on Thursday. Basf has a 1 year low of €78.97 ($91.83) and a 1 year 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.

Featured Story: How Does the Quiet Period Work?

Analyst Recommendations for Basf (ETR:BAS)

Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply