Basf (ETR:BAS) Given a €67.00 Price Target by Sanford C. Bernstein Analysts

Sanford C. Bernstein set a €67.00 ($72.04) price objective on Basf (ETR:BASGet Rating) in a report released on Monday morning, Borsen Zeitung reports.

Several other equities research analysts also recently weighed in on the company. Berenberg Bank set a €55.00 ($59.14) price target on Basf in a report on Tuesday, December 6th. Credit Suisse Group set a €61.00 ($65.59) target price on Basf in a research note on Friday, September 30th. UBS Group set a €40.00 ($43.01) target price on shares of Basf in a research note on Monday. Warburg Research set a €57.40 ($61.72) price target on shares of Basf in a research note on Wednesday, November 2nd. Finally, JPMorgan Chase & Co. set a €55.00 ($59.14) price objective on shares of Basf in a research report on Friday.

Basf Price Performance

BAS stock opened at €52.84 ($56.82) on Monday. The stock has a market cap of $48.53 billion and a PE ratio of 9.38. Basf has a 12 month low of €37.90 ($40.75) and a 12 month high of €69.15 ($74.35). The company has a 50-day moving average price of €47.92 and a 200 day moving average price of €44.48. The company has a current ratio of 1.72, a quick ratio of 1.02 and a debt-to-equity ratio of 45.47.

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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