The Basf Se (BAS) Given a €110.00 Price Target by Citigroup Inc. Analysts

The Basf Se (BAS) Given a €110.00 Price Target by Citigroup Inc. Analysts

Basf Se (ETR:BAS) has been given a €110.00 ($117.02) price target by equities researchers at Citigroup Inc. in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock.

Other equities analysts have also recently issued reports about the stock. Kepler Capital Markets set a €84.00 ($89.36) price target on shares of Basf Se and gave the stock a “buy” rating in a research report on Thursday, October 27th. Deutsche Bank AG set a €91.00 ($96.81) price target on shares of Basf Se and gave the stock a “buy” rating in a research report on Wednesday, November 30th. Commerzbank AG set a €90.10 ($95.85) price target on shares of Basf Se and gave the stock a “buy” rating in a research report on Wednesday, November 30th. J P Morgan Chase & Co set a €60.00 ($63.83) price target on shares of Basf Se and gave the stock a “sell” rating in a research report on Friday, October 28th. Finally, Baader Bank set a €75.00 ($79.79) price target on shares of Basf Se and gave the stock a “neutral” rating in a research report on Tuesday, November 15th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the stock. Basf Se currently has a consensus rating of “Hold” and an average target price of €80.24 ($85.37).

Shares of Basf Se (ETR:BAS) opened at 89.90 on Tuesday. The firm’s 50-day moving average is €86.38 and its 200-day moving average is €77.55. The company has a market capitalization of €82.57 billion and a PE ratio of 22.33. Basf Se has a 12-month low of €56.04 and a 12-month high of €90.00.

Basf Se Company Profile

BASF SE is a chemical company. The Company operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. Its portfolio ranges from solvents, plasticizers and high-volume monomers to glues and electronic chemicals, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection and medicines.

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