Basf (BAS) Given a €85.00 Price Target by HSBC Analysts

HSBC set a €85.00 ($104.94) target price on Basf (ETR:BAS) in a research note published on Tuesday. The firm currently has a neutral rating on the basic materials company’s stock.

BAS has been the topic of several other research reports. Berenberg Bank set a €96.00 ($118.52) price objective on Basf and gave the company a neutral rating in a research note on Wednesday, October 25th. Nord/LB set a €99.00 ($122.22) price objective on Basf and gave the company a neutral rating in a research note on Friday, January 19th. Morgan Stanley set a €88.00 ($108.64) price objective on Basf and gave the company a neutral rating in a research note on Tuesday, December 26th. Barclays set a €92.00 ($113.58) price target on Basf and gave the stock a neutral rating in a research report on Tuesday, October 17th. Finally, Baader Bank set a €100.00 ($123.46) price target on Basf and gave the stock a buy rating in a research report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company’s stock. Basf has a consensus rating of Hold and an average target price of €97.80 ($120.74).

Shares of Basf (BAS) opened at €86.74 ($107.09) on Tuesday. Basf has a one year low of €78.97 ($97.49) and a one year high of €98.70 ($121.85). The stock has a market capitalization of $79,670.00 and a P/E ratio of 15.24.

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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.

Analyst Recommendations for Basf (ETR:BAS)

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