Today: The Basf Se (BAS) Given a €80.00 Price Target at Commerzbank AG

The Basf Se (BAS) Given a €80.00 Price Target at Commerzbank AG

Commerzbank AG set a €80.00 ($88.89) price objective on Basf Se (ETR:BAS) in a research report sent to investors on Wednesday morning. The brokerage currently has a a buy rating on the stock.

Several other equities research analysts have also commented on BAS. Deutsche Bank AG set a €82.00 ($91.11) price target on shares of Basf Se and gave the stock a buy rating in a research note on Thursday, July 28th. Kepler Capital Markets set a €84.00 ($93.33) price target on shares of Basf Se and gave the stock a buy rating in a research note on Wednesday, July 27th. Citigroup Inc. set a €90.00 ($100.00) price target on shares of Basf Se and gave the stock a buy rating in a research note on Friday, September 16th. Sanford C. Bernstein set a €71.00 ($78.89) price target on shares of Basf Se and gave the stock a neutral rating in a research note on Wednesday, July 13th. Finally, JPMorgan Chase & Co. set a €55.00 ($61.11) price target on shares of Basf Se and gave the stock a sell rating in a research note on Thursday, July 28th. Eight investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €72.66 ($80.73).

Shares of Basf Se (ETR:BAS) opened at 77.653 on Wednesday. The stock’s 50 day moving average is €73.72 and its 200 day moving average is €70.19. The stock has a market capitalization of €71.32 billion and a price-to-earnings ratio of 17.757. Basf Se has a 1-year low of €56.04 and a 1-year high of €79.94.

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