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A statement released earlier today by Deutsche Bank AG about BASF (ETR:BAS) raises the target price to 82.00EUR

BASF (ETR:BAS) had its target price raised to 82.00EUR by Deutsche Bank AG in a report released Monday October 17, 2016. The new target price indicates a possible upside of 0.05% based on the company's last stock close price.

Previously on 10/13/2016, JP Morgan Chase & Co. reported about BASF (ETR:BAS) raised the target price from 0.00EUR to 60.00EUR. At the time, this indicated a possible downside of -0.23%.

Yesterday BASF (ETR:BAS) traded 11.66% higher at 78.34EUR. The company’s 50-day moving average is 0.61EUR and its 200-day moving average is 1.47EUR. The last stock close price is up -53.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,865,041 shares of the stock were exchanged, up from an average trading volume of 2,995,480

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BASF has a 52 week low of 0.37EUR and a 52 week high of 4.57EUR The company’s market cap is currently 0 EUR.

In addition to Deutsche Bank AG reporting its target price, a total of 17 firms have issued a report on the stock. The consensus target price is 2.30EUR with 0 firms rating the stock a strong buy, 4 firms rating the stock a buy, 14 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information 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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