BASF SE (ETR: BAS) was upgraded by analysts at Equinet Institutional Services to a “buy” rating in a research report issued to clients and investors on Wednesday. The firm currently has a $102.56 (€80) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of BASF SE in a research note to investors on Wednesday, November 14th. They now have a $56.96 price target on the stock. Separately, analysts at Commerzbank Corporates & Markets reiterated a “buy” rating on shares of BASF SE in a research note to investors on Tuesday, November 13th. They now have a $96.20 price target on the stock. Finally, analysts at Barclays Capital reiterated an “equalweight” rating on shares of BASF SE in a research note to investors on Friday, November 9th. They now have a $87.18 price target on the stock.
BASF SE traded up 0.05% on Wednesday, hitting €65.77. BASF SE has a 52-week low of €46.10 and a 52-week high of €68.604.
BASF SE is a Germany-based chemical company. It diversifies its activities into six business segments: Chemicals, providing basic products and specialties including nitric acid and methanol, basic chemicals including ethylene and butadiene and intermediates, among others; Plastics, providing engineering plastics, polyamides and polyurethane solutions, among others; Performance Products, providing products for the coatings and paints industry, cosmetics, detergents and cleaners industry, vitamins and enzymes, products for the paper industry and performance chemicals, among others; Functional Solutions, which develops coating products, catalysts and concrete admixtures, among others; Agricultural Solutions, providing active ingredients and formulations for the improvement of crop health and yields, and Oil & Gas business segment, which is bundled in the Wintershall Group, is engaged in the exploration and production of crude oil and natural gas and trading.