Basf (ETR:BAS) Given a €63.00 Price Target by Barclays Analysts

Basf (ETR:BASGet Rating) has been given a €63.00 ($64.29) target price by equities researchers at Barclays in a note issued to investors on Thursday, Borsen Zeitung reports. Barclays‘s target price would indicate a potential upside of 45.11% from the stock’s previous close.

BAS has been the topic of several other reports. JPMorgan Chase & Co. set a €55.00 ($56.12) price target on shares of Basf in a research note on Wednesday. Jefferies Financial Group set a €60.00 ($61.22) price objective on shares of Basf in a research report on Wednesday. Credit Suisse Group set a €67.00 ($68.37) price objective on shares of Basf in a research report on Tuesday, July 12th. UBS Group set a €52.00 ($53.06) price objective on shares of Basf in a research report on Tuesday, July 12th. Finally, The Goldman Sachs Group set a €59.00 ($60.20) price objective on shares of Basf in a research report on Friday, July 8th.

Basf Price Performance

Shares of ETR:BAS opened at €43.42 ($44.30) on Thursday. The company’s fifty day moving average price is €45.68 and its 200 day moving average price is €53.24. Basf has a 12 month low of €39.33 ($40.13) and a 12 month high of €69.52 ($70.94). The company has a debt-to-equity ratio of 49.24, a current ratio of 1.70 and a quick ratio of 1.08. The firm has a market capitalization of $39.63 billion and a P/E ratio of 7.72.

Basf Company Profile

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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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