Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group

UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective on Basf and gave the stock a neutral rating in a research report on Wednesday, January 8th. Berenberg Bank set a €66.00 ($76.74) price objective on Basf and gave the stock a neutral rating in a research report on Wednesday, February 5th. Kepler Capital Markets set a €61.00 ($70.93) price objective on Basf and gave the stock a neutral rating in a research report on Tuesday, February 4th. Jefferies Financial Group set a €60.00 ($69.77) price objective on Basf and gave the stock a neutral rating in a research report on Wednesday, January 8th. Finally, Nord/LB set a €66.00 ($76.74) price objective on Basf and gave the stock a neutral rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €65.31 ($75.94).

Shares of ETR:BAS opened at €62.68 ($72.88) on Monday. The company has a debt-to-equity ratio of 48.41, a current ratio of 1.78 and a quick ratio of 0.98. The business’s 50 day moving average price is €64.65 and its 200-day moving average price is €64.65. The firm has a market capitalization of $57.57 billion and a PE ratio of 6.33. Basf has a 1 year low of €55.64 ($64.70) and a 1 year high of €74.61 ($86.76).

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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