DZ BANK AG analyst Peter Spengler maintained a Buy rating on BASF SE today. The company’s shares closed last Friday at €43.88.
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Spengler covers the Basic Materials sector, focusing on stocks such as BASF SE, Wacker Chemie AG, and LANXESS. According to TipRanks, Spengler has an average return of 4.9% and a 63.71% success rate on recommended stocks.
In addition to DZ BANK AG, BASF SE also received a Buy from Kepler Capital ‘s Christian Faitz in a report issued on October 2. However, on October 3, TR | OpenAI – 4o reiterated a Hold rating on BASF SE (LSE: 0BFA).
Based on BASF SE’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €15.77 billion and a net profit of €79 million. In comparison, last year the company earned a revenue of €16.11 billion and had a net profit of €430 million
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