Societe Generale Analysts Give Basf (BAS) a €88.00 Price Target

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Basf (ETR:BAS) has been given a €88.00 ($102.33) price target by equities research analysts at Societe Generale in a research note issued on Friday. The firm presently has a “buy” rating on the basic materials company’s stock. Societe Generale’s price objective points to a potential upside of 25.21% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Credit Suisse Group set a €95.00 ($110.47) price objective on shares of Basf and gave the stock a “buy” rating in a research note on Thursday. Baader Bank set a €93.00 ($108.14) price objective on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, July 27th. Commerzbank set a €95.00 ($110.47) price objective on shares of Basf and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Sanford C. Bernstein set a €90.00 ($104.65) price objective on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, October 26th. Finally, JPMorgan Chase & Co. set a €94.00 ($109.30) price objective on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the stock. Basf currently has an average rating of “Buy” and an average price target of €89.95 ($104.60).

Basf stock opened at €70.28 ($81.72) on Friday. Basf has a one year low of €78.97 ($91.83) and a one 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.

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Analyst Recommendations for Basf (ETR:BAS)

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