A statement released earlier today by Norddeutsche Landesbank about BASF (ETR:BAS) bumps the target price to 78.00EUR
- Updated: October 19, 2016
Having a price of 78.97EUR, BASF (ETR:BAS) traded 3.46% higher on the day. With the last stock price up -51.00% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. BAS has recorded a 50-day average of 0.61EUR and a two hundred day average of 1.45EUR. Trade Volume was down over the average, with 1,980,810 shares of BAS changing hands under the typical 3,010,650
Norddeutsche Landesbank bumped up the target of BASF (ETR:BAS) to 78.00EUR indicating a possible downside of -0.01%.
On Tuesday October 18, 2016, Norddeutsche Landesbank released a statement about BASF (ETR:BAS) upped the target price from 0.00EUR to 78.00EUR that suggested a downside of -0.01%.
Recent Performance Chart
BASF has with a one year low of 0.37EUR and a one year high of 4.57EUR and has a market capitalization of 0 EUR.
A total of 17 analysts have reported on the stock. 0 firms rating the company a strong buy, four equity analysts rating the company a buy, 14 brokers rating the stock a hold, 2 brokers rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 2.30EUR.
Brief Synopsis On 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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