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BNP PARIBAS disclosed BASF (ETR:BAS), hiking its stock price target to 80.00EUR earlier today

BNP PARIBAS bumped the estimated target of BASF (ETR:BAS) to 80EUR, stating a possible upside of 0.14%.

Previously on Saturday September 17 2016, Citigroup Corp. released a statement about BASF(ETR:BAS) raised the target price from 0.00EUR to 90.00EUR. At the time, this suggested an upside of 0.28%.

Just yesterday BASF (ETR:BAS) traded 3.88% lower at 70.24EUR. BASF’s 50-day moving average is 0.63EUR and its two hundred day average is 1.83EUR. With the last stock price up 70.20% relative to the 200-day average, compared with the S&P 500 which has fallen -0.01% over the same period. 2,470,411 shares of BAS exchanged hands, up from ann average trading volume of 2,207,970.

See Graph Below:


BASF has a 52 week low of 0.37EUR and a 52 week high of 5.17EUR . The company’s market capitalization is currently 0.0 EUR.

Also covering BASF’s stock price target, a total of 17 equity analysts have issued a research note on BAS. The average target is 2.30EUR with 0 rating the company a strong buy, four analysts rating the stock a buy, 14 analyts rating the stock a hold, two brokerages rating the stock to underperform, and finally 0 firmsrating the company as sell.

Brief Synopsis On 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, and 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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