Macquarie Research recorded BASF (ETR:BAS), bumping up its stock price target to 85.00EUR today
- Updated: September 27, 2016
BASF (ETR:BAS) had its target price raised to 85.00EUR by Macquarie Research in a report released 9/28/2016. The new stock price target implies a possible upside of 0.17% from the company's most recent stock price close.
On 09/27/2016, Macquarie Research released a statement for BASF (ETR:BAS) bumped up the target price from 0.00EUR to 85.00EUR that suggested an upside of 0.17%.
Boasting a price of 72.35EUR, BASF (ETR:BAS) traded -1.02% lower on the day. With the last stock price close up -69.15% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. BASF has recorded a 50-day average of 0.58EUR and a two hundred day average of 1.70EUR. Trade Volume was down over the average, with 650,551 shares of BAS changing hands under the typical 2,243,820
Recent Performance Chart
BASF has with a one year low of 0.37EUR and a one year high of 5.17EUR and has a total market value of 0 EUR.
In addition to Macquarie Research reporting its target price, a total of 17 brokers have issued a research note on the stock. The consensus target price is 2.30EUR with zero analysts rating the company a strong buy, 4 brokerages rating the stock a buy, 14 brokers rating the stock a hold, two equity analysts rating the company a underperform, and finally 0 analysts rating the company a sell.
More 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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