BASF (ETR:BAS) target price raised to 60.00EUR, issued a report today by JP Morgan Chase & Co.
- Updated: October 12, 2016
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 target price raised to 60.00EUR by JP Morgan Chase & Co. in a report released 10/12/2016. The new target price indicates a possible downside of -0.23% based on the company's last stock close price.
Previously on 10/6/2016, UBS AG reported about BASF (ETR:BAS) raised the target price from 0.00EUR to 87.00EUR. At the time, this indicated a possible upside of 0.12%.
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BASF has a with a one year low of 0.37EUR and a one year high of 4.57EUR BAS’s total market value is presently 0 EUR.
In addition to JP Morgan Chase & Co. reporting its stock price target, a total of 17 firms have reported on the stock. The 12-month price target is 2.30EUR with zero equity analysts rating the company a strong buy, four brokerages rating the company a buy, fourteen firms rating the stock a hold, 2 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell.
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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