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Deutsche Bank AG announced BASF (ETR:BAS), boosting its stock price target to 82.00EUR today

Yesterday BASF (ETR:BAS) traded 11.66% higher at 78.34EUR. The company’s 50-day moving average is 0.61EUR and its 200-day moving average is 1.47EUR. The last closing 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

In a statement issued on Tuesday October 18, 2016 Deutsche Bank AG upped the price target of BASF (ETR:BAS) to 82.00EUR stating a potential upside of 0.05%.

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

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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.

In addition to Deutsche Bank AG reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price is 2.30EUR with 0 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 14 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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