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BASF (ETR:BAS) stock price target increased to 78.00EUR, issued a research note today by Norddeutsche Landesbank

BASF (ETR:BAS) had its target price raised to 78.00EUR by Norddeutsche Landesbank in a report released 10/18/2016. The new target price indicates a possible downside of -0.01% based on the company's last stock close price.

Previously on 10/17/2016, Deutsche Bank AG reported about BASF (ETR:BAS) raised the target price from 0.00EUR to 82.00EUR. At the time, this indicated a possible upside of 0.05%.

Yesterday BASF (ETR:BAS) traded 11.66% higher at 78.97EUR. 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 (ETR:BAS)

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.

Also covering BASF's target, a total of 17 analysts have released a research note on BASF. The 12-month price target is 2.30EUR with 0 firms rating the stock a strong buy, 4 brokerages rating the stock a buy, 14 brokerages rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 analysts rating the company a sell.

General Company Details For 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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