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BASF (ETR:BAS) price target raised to 87.00EUR, released a ratings update earlier today by UBS AG

Having a price of 77.43EUR, BASF (ETR:BAS) traded -7.21% lower on the day. The last stock price is up -54.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. BASF has recorded a 50-day average of 0.59EUR and a two hundred day average of 1.60EUR. Volume of trade was up over the average, with 8,304,394 shares of BAS changing hands over the typical 2,748,540

BASF (ETR:BAS) had its target bumped up to 87.00EUR by UBS AG in a report released 10/05/2016. The new target price indicates a possible upside of 0.12% from the company's previous stock price.

Previously on 09/30/2016, Baader Wertpapierhandelsbank reported on BASF (ETR:BAS) upped the target price from 0.00EUR to 55.00EUR. At the time, this suggested a downside of -0.26%.

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BASF has a 52 week low of 0.37EUR and a 52 week high of 5.17EUR BASF’s market capitalization is presently 0 EUR.

A total of 17 brokers have issued a report on the company. 0 firms rating the stock a strong buy, four analysts rating the company a buy, 14 brokers rating the stock a hold, two brokerages rating the company a underperform, and finally 0 firms rating the stock a sell with a average stock price target of 2.30EUR.

Brief Synopsis 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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