Jefferies Financial Group set a €49.00 ($52.69) price objective on Basf (ETR:BAS – Get Rating) in a research note published on Monday, Borsen Zeitung reports.
Several other brokerages also recently issued reports on BAS. Barclays set a €68.00 ($73.12) price objective on shares of Basf in a research note on Tuesday, February 28th. Baader Bank set a €53.00 ($56.99) target price on shares of Basf in a research report on Friday, February 24th. UBS Group set a €40.00 ($43.01) target price on shares of Basf in a research report on Thursday, February 23rd. Warburg Research set a €57.00 ($61.29) target price on shares of Basf in a research report on Friday, February 24th. Finally, The Goldman Sachs Group set a €53.00 ($56.99) target price on shares of Basf in a research report on Friday, February 24th.
Basf Stock Down 3.9 %
Shares of ETR BAS opened at €45.70 ($49.14) on Monday. The company has a debt-to-equity ratio of 51.19, a current ratio of 1.83 and a quick ratio of 1.02. The company has a market cap of $40.83 billion, a P/E ratio of -68.91, a PEG ratio of -1.35 and a beta of 1.33. Basf has a 1 year low of €37.90 ($40.75) and a 1 year high of €56.06 ($60.28). The firm has a 50-day simple moving average of €51.41 and a two-hundred day simple moving average of €47.29.
Basf Company Profile
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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