Deutsche Bank Aktiengesellschaft Reiterates €60.00 Price Target for Basf (ETR:BAS)

Deutsche Bank Aktiengesellschaft set a €60.00 ($61.86) target price on Basf (ETR:BASGet Rating) in a research report report published on Tuesday, Borsen Zeitung reports.

Other analysts also recently issued research reports about the stock. Baader Bank set a €53.00 ($54.64) target price on shares of Basf in a report on Wednesday, July 27th. Berenberg Bank set a €62.00 ($63.92) target price on shares of Basf in a report on Tuesday, May 3rd. Warburg Research set a €60.70 ($62.58) price target on shares of Basf in a research note on Wednesday, July 27th. UBS Group set a €52.00 ($53.61) price target on shares of Basf in a research note on Tuesday, July 12th. Finally, Credit Suisse Group set a €67.00 ($69.07) price target on shares of Basf in a research note on Tuesday, July 12th.

Basf Stock Up 0.9 %

Basf stock opened at €43.74 ($45.09) on Tuesday. Basf has a fifty-two week low of €39.33 ($40.54) and a fifty-two week high of €69.52 ($71.67). The company has a debt-to-equity ratio of 49.24, a quick ratio of 1.08 and a current ratio of 1.70. The firm has a 50 day moving average price of €45.44 and a 200 day moving average price of €52.81. The company has a market capitalization of $39.93 billion and a PE ratio of 7.86.

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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