UBS Group set a €64.00 ($74.42) price target on Basf (ETR:BAS) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.

BAS has been the subject of several other research reports. Independent Research set a €70.00 ($81.40) price objective on shares of Basf and gave the stock a neutral rating in a research report on Tuesday, July 2nd. Baader Bank set a €112.00 ($130.23) price objective on shares of Bechtle and gave the stock a neutral rating in a research report on Tuesday. Jefferies Financial Group reissued a buy rating and set a $30.00 price objective on shares of Amarin in a research report on Tuesday. Warburg Research set a €71.00 ($82.56) price objective on shares of Basf and gave the stock a neutral rating in a research report on Monday, April 1st. Finally, Credit Suisse Group set a $77.00 price objective on shares of Monster Beverage and gave the stock a buy rating in a research report on Friday, May 3rd. Thirteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €72.40 ($84.19).

Shares of BAS stock opened at €60.70 ($70.58) on Tuesday. The stock’s fifty day moving average is €61.46. The company has a debt-to-equity ratio of 57.58, a current ratio of 1.84 and a quick ratio of 0.76. Basf has a 12-month low of €57.35 ($66.69) and a 12-month high of €84.91 ($98.73). The company has a market capitalization of $54.65 billion and a P/E ratio of 12.61.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (ETR:BAS)

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