Bernstein analyst James Hooper maintained a Buy rating on BASF SE today and set a price target of €51.00. The company’s shares closed last Friday at €43.15.
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Hooper covers the Basic Materials sector, focusing on stocks such as BASF SE, Linde, and Air Products and Chemicals. According to TipRanks, Hooper has an average return of 3.6% and a 58.33% success rate on recommended stocks.
In addition to Bernstein, BASF SE also received a Buy from Kepler Capital ‘s Christian Faitz in a report issued on October 10. However, on the same day, Jefferies maintained 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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