Basf (ETR:BAS) Rating Reiterated by DZ Bank
DZ Bank reiterated their neutral rating on shares of Basf (ETR:BAS) in a research report report published on Tuesday morning, Borsen Zeitung reports.
Other analysts also recently issued reports about the stock. Goldman Sachs Group upgraded shares of DUFRY AG/ADR to a hold rating in a research report on Friday, July 5th. UBS Group started coverage on shares of Chewy in a research report on Tuesday. They issued a buy rating and a $42.00 price target on the stock. Baader Bank set a €112.00 ($130.23) price target on shares of Bechtle and gave the company a neutral rating in a research report on Tuesday. Deutsche Bank reiterated a buy rating and issued a GBX 3,400 ($44.43) price target on shares of in a research report on Tuesday. Finally, Warburg Research set a €71.00 ($82.56) price target on shares of Basf and gave the company a neutral rating in a research report on Monday, April 1st. Thirteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Basf currently has an average rating of Hold and an average target price of €72.40 ($84.19).
Shares of ETR BAS opened at €60.22 ($70.02) on Tuesday. The company has a market cap of $55.31 billion and a price-to-earnings ratio of 12.51. The company has a quick ratio of 0.76, a current ratio of 1.84 and a debt-to-equity ratio of 57.58. Basf has a 1 year low of €57.35 ($66.69) and a 1 year high of €84.91 ($98.73). The company has a 50-day simple moving average of €61.45.
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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