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BASF SE (0BFA) was upgraded to a Hold Rating at Berenberg Bank

Tipranks - Wed Feb 18, 1:38AM CST

BASF SE received a Hold rating and a €48.00 price target from Berenberg Bank analyst Sebastian Bray today.

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According to TipRanks, Bray is an analyst with an average return of -1.8% and a 48.06% success rate. Bray covers the Basic Materials sector, focusing on stocks such as Johnson Matthey, Evonik, and Wacker Chemie AG.

In addition to Berenberg Bank, BASF SE also received a Hold from UBS’s Geoff Haire in a report issued yesterday. However, on February 12, Bernstein maintained a Buy rating on BASF SE (LSE: 0BFA).

0BFA market cap is currently €45.59B and has a P/E ratio of 166.98.

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