Todays Report: The Basf Se (BAS) Given a €60.00 Price Target by JPMorgan Chase & Co. Analysts

The Basf Se (BAS) Given a €60.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €60.00 ($65.93) target price on Basf Se (ETR:BAS) in a report released on Wednesday morning. The brokerage currently has a a sell rating on the stock.

A number of other equities research analysts have also weighed in on the company. Morgan Stanley set a €67.00 ($73.63) target price on Basf Se and gave the company a neutral rating in a research note on Wednesday, October 12th. Macquarie set a €90.00 ($98.90) target price on Basf Se and gave the company a buy rating in a research note on Wednesday, October 12th. Credit Suisse Group AG set a €64.00 ($70.33) target price on Basf Se and gave the company a sell rating in a research note on Wednesday, October 12th. Commerzbank AG set a €80.00 ($87.91) target price on Basf Se and gave the company a buy rating in a research note on Wednesday, October 12th. Finally, Deutsche Bank AG set a €82.00 ($90.11) target price on Basf Se and gave the company a buy rating in a research note on Wednesday, October 12th. Eight equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €72.66 ($79.85).

Shares of Basf Se (ETR:BAS) opened at 77.999 on Wednesday. Basf Se has a 52 week low of €56.04 and a 52 week high of €79.94. The firm has a market cap of €71.64 billion and a PE ratio of 17.836. The firm has a 50-day moving average price of €74.24 and a 200-day moving average price of €70.43.

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