Basf (BAS) PT Set at €95.00 by Commerzbank

Commerzbank set a €95.00 ($110.47) price target on Basf (ETR:BAS) in a research report released on Tuesday. The firm currently has a buy rating on the basic materials company’s stock.

A number of other research firms have also commented on BAS. Baader Bank set a €93.00 ($108.14) price objective on shares of Basf and gave the company a neutral rating in a research report on Wednesday, July 18th. Barclays set a €105.00 ($122.09) price objective on shares of Basf and gave the company a buy rating in a research report on Tuesday, July 24th. JPMorgan Chase & Co. set a €94.00 ($109.30) price objective on shares of Basf and gave the company a neutral rating in a research report on Friday, July 27th. Societe Generale set a €95.00 ($110.47) price objective on shares of Basf and gave the company a buy rating in a research report on Monday, July 30th. Finally, Berenberg Bank set a €102.00 ($118.60) price objective on shares of Basf and gave the company a buy rating in a research report on Monday, July 30th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of €95.44 ($110.98).

BAS stock opened at €67.65 ($78.66) 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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