The Basf Se (BAS) Given a €90.00 Price Target at Macquarie

The Basf Se (BAS) Given a €90.00 Price Target at Macquarie

Basf Se (ETR:BAS) received a €90.00 ($100.00) target price from equities research analysts at Macquarie in a report released on Wednesday. The brokerage presently has a a “buy” rating on the stock.

Other equities analysts have also recently issued reports about the company. Deutsche Bank AG set a €82.00 ($91.11) target price on Basf Se and gave the company a “buy” rating in a report on Monday, July 4th. Kepler Capital Markets set a €84.00 ($93.33) target price on Basf Se and gave the company a “buy” rating in a report on Thursday, June 30th. Commerzbank AG set a €80.00 ($88.89) target price on Basf Se and gave the company a “buy” rating in a report on Wednesday, June 29th. Societe Generale set a €82.00 ($91.11) target price on Basf Se and gave the company a “buy” rating in a report on Tuesday, June 21st. Finally, Citigroup Inc. set a €90.00 ($100.00) target price on Basf Se and gave the company a “buy” rating in a report on Thursday, July 28th. Eight investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €72.46 ($80.51).

Shares of Basf Se (ETR:BAS) opened at 78.88 on Wednesday. The stock’s 50 day moving average price is €73.55 and its 200 day moving average price is €70.10. Basf Se has a 52-week low of €56.04 and a 52-week high of €79.94. The company has a market capitalization of €72.45 billion and a P/E ratio of 18.04.

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