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A statement released earlier today by Baader Wertpapierhandelsbank about BASF (ETR:BAS) bumps the target price to 55.00EUR

Yesterday BASF (ETR:BAS) traded 4.51% higher at 72.29EUR. The company’s 50-day moving average is 0.59EUR and its 200-day moving average is 1.73EUR. The last closing price is up -69.43% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,770,002 shares of BASF were exchanged, up from an average trading volume of 2,293,820

Stating a potential downside of -0.24%, Baader Wertpapierhandelsbank upped the price target of BASF (ETR:BAS) to 55.00EUR

Previously on 09/26/2016, Kepler Cheuvreux reported on BASF (ETR:BAS) increased the target price from 0.00EUR to 84.00EUR. At the time, this indicated a possible upside of 0.16%.

Performance Chart

BASF (ETR:BAS)

With a total market value of 0 EUR, BASF has with a one year low of 0.37EUR and a one year high of 5.17EUR .

A total of 17 analysts have released a research note on BAS. zero analysts rating the company a strong buy, four analysts rating the company a buy, fourteen analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 2.30EUR.

More About BASF (ETR:BAS)

BASF SE is a chemical company. The Company operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. Its portfolio ranges from solvents, plasticizers and high-volume monomers to glues and electronic chemicals, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection and medicines. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions. The Functional Materials & Solutions segment consists of the Construction Chemicals, Coatings and Performance Materials divisions. The Agricultural Solutions segment consists of the Crop Protection division. The Oil & Gas segment is engaged in the Exploration and Production business sector.

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