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BASF (ETR:BAS) target price raised to 60.00EUR, issued a report today by JP Morgan Chase & Co.

Yesterday BASF (ETR:BAS) traded -9.10% lower at 78.30EUR. The company’s 50-day moving average is 0.59EUR and its 200-day moving average is 1.53EUR. The last stock close price is up -56.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,206,252 shares of the stock were exchanged, down from an average trading volume of 2,946,520

BASF (ETR:BAS) had its price target bumped up to 60.00EUR by JP Morgan Chase & Co. in a report issued 10/13/2016. The updated target price indicates a possible downside of -0.23% based on the company's last stock close price.

Previously on 10/12/2016, 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%.

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BASF has a one year low of 0.37EUR and a 52 week high of 4.57EUR BASF’s market capitalization is presently 0 EUR.

A total of 17 brokerages have issued a ratings update on BASF. zero brokerages rating the company a strong buy, four brokerages rating the company a buy, fourteen brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 2.30EUR.

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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