Basf (ETR:BAS) Given a €77.00 Price Target by Sanford C. Bernstein Analysts

Basf (ETR:BASGet Rating) received a €77.00 ($78.57) price target from equities researchers at Sanford C. Bernstein in a note issued to investors on Monday, Borsen Zeitung reports. Sanford C. Bernstein’s price objective would indicate a potential upside of 86.06% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €55.00 ($56.12) price target on shares of Basf in a report on Tuesday, September 13th. Deutsche Bank Aktiengesellschaft set a €60.00 ($61.22) price target on shares of Basf in a report on Tuesday, August 2nd. The Goldman Sachs Group set a €52.00 ($53.06) target price on Basf in a research note on Friday, September 2nd. UBS Group set a €37.00 ($37.76) price objective on shares of Basf in a report on Thursday. Finally, Baader Bank set a €53.00 ($54.08) price target on shares of Basf in a research report on Wednesday, July 27th.

Basf Stock Down 2.1 %

BAS stock opened at €41.39 ($42.23) on Monday. The company has a market cap of $38.01 billion and a P/E ratio of 6.87. The company has a current ratio of 1.63, a quick ratio of 1.02 and a debt-to-equity ratio of 55.10. The company’s 50-day moving average price is €42.89 and its 200 day moving average price is €47.43. Basf has a 52 week low of €39.33 ($40.13) and a 52 week high of €69.15 ($70.56).

Basf Company Profile

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BASF SE operates as a chemical company worldwide. The company 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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