Barclays Sticks to Their Hold Rating for BASF SE (0BFA)
In a report released today, Katie Richards from Barclays maintained a Hold rating on BASF SE, with a price target of €40.00.
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Richards covers the Basic Materials sector, focusing on stocks such as Arkema, Solvay SA, and Clariant AG. According to TipRanks, Richards has an average return of -15.4% and a 33.33% success rate on recommended stocks.
In addition to Barclays, BASF SE also received a Hold from UBS’s Geoff Haire in a report issued today. However, on the same day, J.P. Morgan maintained a Sell rating on BASF SE (LSE: 0BFA).
The company has a one-year high of €55.06 and a one-year low of €37.40. Currently, BASF SE has an average volume of 2.27M.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0BFA in relation to earlier this year.
