Today, Goldman Sachs Group Inc. Reiterates €75.00 Price Target for Basf Se (BAS)

Today, Goldman Sachs Group Inc. Reiterates €75.00 Price Target for Basf Se (BAS)
Goldman Sachs Group Inc. set a €75.00 ($80.65) price target on Basf Se (ETR:BAS) in a report released on Monday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also commented on BAS. Credit Suisse Group AG set a €64.00 ($68.82) price target on Basf Se and gave the company a sell rating in a report on Tuesday, August 23rd. Baader Bank set a €55.00 ($59.14) price target on Basf Se and gave the company a sell rating in a report on Wednesday, August 17th. Sanford C. Bernstein set a €62.00 ($66.67) price target on Basf Se and gave the company a sell rating in a report on Friday, July 29th. BNP Paribas set a €83.00 ($89.25) target price on Basf Se and gave the company a buy rating in a research note on Thursday, July 28th. Finally, Nord/LB set a €66.00 ($70.97) target price on Basf Se and gave the company a neutral rating in a research note on Thursday, July 28th. Seven research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. Basf Se presently has a consensus rating of Hold and an average target price of €75.56 ($81.25).

Basf Se (ETR:BAS) opened at 80.426 on Monday. The stock’s 50 day moving average is €79.42 and its 200-day moving average is €72.73. The firm has a market cap of €73.87 billion and a P/E ratio of 19.977. Basf Se has a 1-year low of €56.04 and a 1-year high of €82.10.

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