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UBS AG covered BASF (ETR:BAS), bumping its target to 87.00EUR earlier today

In a report issued 10/6/2016 UBS AG raised the target of BASF (ETR:BAS) to 87.00EUR indicating a potential upside of 0.12%.

Previously on 10/05/2016, UBS AG reported about BASF (ETR:BAS) bumped up the target price from 0.00EUR to 87.00EUR that suggested an upside of 0.12%.

Yesterday BASF (ETR:BAS) traded -7.21% lower at 77.43EUR. BASF’s 50-day average is 0.59EUR and its two hundred day average is 1.60EUR. The last closing price is up -54.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was up over the average, with 8,304,394 shares of BAS changing hands over the typical 2,748,540

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With a total market value of 0 EUR, BASF has 52 week low of 0.37EUR and a 52 week high of 5.17EUR .

In addition to UBS AG reporting its stock price target, a total of 17 brokerages have issued a ratings update on the stock. The consensus target price is 2.30EUR with zero analysts rating the company a strong buy, four brokerages rating the company a buy, fourteen brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 firms 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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