Basf Se (ETR:BAS) Receives Average Rating of “Buy” from Analysts

Basf Se (ETR:BASGet Rating) has been assigned a consensus recommendation of “Buy” from the sixteen analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a buy recommendation. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is €70.67 ($74.39).

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Rese… set a €64.00 ($67.37) price objective on shares of Basf in a research report on Tuesday, May 3rd. Warburg Research set a €66.00 ($69.47) price target on shares of Basf in a research note on Tuesday, May 3rd. Barclays set a €79.00 ($83.16) price target on shares of Basf in a research note on Thursday, February 3rd. Morgan Stanley set a €76.00 ($80.00) price target on shares of Basf in a research note on Wednesday, January 26th. Finally, Deutsche Bank Aktiengesellschaft set a €64.00 ($67.37) price target on shares of Basf in a research note on Tuesday, March 8th.

Shares of ETR:BAS opened at €49.06 ($51.64) on Friday. The company has a quick ratio of 1.08, a current ratio of 1.70 and a debt-to-equity ratio of 49.24. Basf has a fifty-two week low of €46.61 ($49.06) and a fifty-two week high of €71.05 ($74.79). The firm has a 50-day simple moving average of €51.67 and a 200 day simple moving average of €59.29. The company has a market cap of $44.79 billion and a PE ratio of 8.97.

About Basf (Get Rating)

BASF SE operates as a chemical company worldwide. The company operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (ETR:BAS)

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