Basf (ETR:BAS) PT Set at €52.00 by The Goldman Sachs Group

The Goldman Sachs Group set a €52.00 ($53.06) target price on Basf (ETR:BASGet Rating) in a research note published on Wednesday, Borsen Zeitung reports.

Other analysts have also issued reports about the company. Baader Bank set a €53.00 ($54.08) price target on Basf in a research note on Wednesday, July 27th. UBS Group set a €37.00 ($37.76) price target on Basf in a research note on Thursday, September 15th. Deutsche Bank Aktiengesellschaft set a €60.00 ($61.22) price target on Basf in a research note on Tuesday, August 2nd. Sanford C. Bernstein set a €77.00 ($78.57) price target on Basf in a research note on Monday. Finally, Barclays set a €63.00 ($64.29) price objective on Basf in a research note on Thursday, July 28th.

Basf Stock Up 0.2 %

Shares of ETR:BAS opened at €41.70 ($42.55) on Wednesday. The stock’s 50-day moving average price is €42.86 and its two-hundred day moving average price is €47.19. The company has a current ratio of 1.63, a quick ratio of 1.02 and a debt-to-equity ratio of 55.10. Basf has a 12-month low of €39.33 ($40.13) and a 12-month high of €69.15 ($70.56). The firm has a market cap of $38.30 billion and a price-to-earnings ratio of 6.93.

About Basf

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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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