In a report released yesterday, Sebastian Bray from Berenberg Bank downgraded BASF SE to a Sell, with a price target of $10.80. The company’s shares closed yesterday at $12.33.
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According to TipRanks, Bray is an analyst with an average return of -1.4% and a 48.85% success rate. Bray covers the Basic Materials sector, focusing on stocks such as Evonik, Wacker Chemie AG, and BASF SE.
Currently, the analyst consensus on BASF SE is a Hold with an average price target of $12.90.
BASFY market cap is currently $43.78B and has a P/E ratio of 104.54.
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- BASF price target raised to EUR 51 from EUR 50 at Deutsche Bank
- Fifth Third buying Comerica, AMD gets OpenAI boost: Morning Buzz
- Carlyle close to EUR 7B deal to buy BASF unit, FT reports
- BASF price target lowered to EUR 50 from EUR 52 at Deutsche Bank
- BASF downgraded to Underperform from Neutral at BofA
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