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A statement released earlier today by Seaport Global Securities about Basic Energy Services (FRA:BAS) bumps down the target price to 25.00EUR

Seaport Global Securities bumped down the target of Basic Energy Services (FRA:BAS) to 25.00EUR stating a potential upside of 0.04%.

Previously on 03/30/2017, Seaport Global Securities reported about Basic Energy Services (FRA:BAS) raised the target price from 0.00EUR to 39.00EUR. At the time, this indicated a possible upside of 0.26%.

Yesterday Basic Energy Services (FRA:BAS) traded 1.27% higher at 23.93EUR. The company’s 50-day moving average is 15.34EUR and its 200-day moving average is 25.64EUR. The last stock close price is down -40.83% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 872,154 shares of the stock were exchanged, up from an average trading volume of 692,180

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Basic Energy Services (FRA:BAS)

Basic Energy Services has a 52 week low of 14.80EUR and a 52 week high of 44.75EUR The company’s market cap is currently 0 EUR.

In addition to Seaport Global Securities 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 Basic Energy Services (FRA:BAS)

BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. 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 Catalysts, Construction Chemicals, Coatings and Performance Materials divisions. The Agricultural Solutions segment consists of the Crop Protection division. The Oil & Gas segment comprises Oil & Gas division, which focuses on the exploration and production in oil and gas producing regions in Europe, North Africa, Russia, South America and the Middle East.

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