Todays Report: Today, S&P Global Inc. Reiterates €65.00 Price Target for Basf Se (BAS)

Today, S&P Global Inc. Reiterates €65.00 Price Target for Basf Se (BAS)

S&P Global Inc. set a €65.00 ($72.22) price objective on Basf Se (ETR:BAS) in a research note issued to investors on Wednesday morning. The brokerage currently has a a sell rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank AG set a €82.00 ($91.11) price target on shares of 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) price target on shares of Basf Se and gave the company a buy rating in a report on Thursday, June 30th. Commerzbank AG set a €80.00 ($88.89) price target on shares of Basf Se and gave the company a buy rating in a report on Wednesday, June 29th. Societe Generale set a €82.00 ($91.11) price target on shares of 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) price target on shares of 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 issued a hold rating and eight have assigned a buy rating to the company. Basf Se presently has a consensus rating of Hold and an average price target of €72.66 ($80.73).

Shares of Basf Se (ETR:BAS) opened at 78.754 on Wednesday. The firm’s 50-day moving average is €74.03 and its 200-day moving average is €70.30. Basf Se has a one year low of €56.04 and a one year high of €79.94. The company has a market cap of €72.33 billion and a PE ratio of 18.009.

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