♔ The Trade Off
Berenberg Bank Reaffirms Their Hold Rating on BASF SE (0BFA)
Berenberg Bank analyst Sebastian Bray maintained a Hold rating on BASF SE yesterday and set a price target of €48.00.
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According to TipRanks, Bray is an analyst with an average return of -1.8% and a 48.23% success rate. Bray covers the Basic Materials sector, focusing on stocks such as BASF SE, Johnson Matthey, and Evonik.
In addition to Berenberg Bank, BASF SE also received a Hold from Deutsche Bank ‘s Virginie Boucher-Ferte in a report issued on March 2. However, yesterday, Bernstein maintained a Buy rating on BASF SE (LSE: 0BFA).
0BFA market cap is currently €42.24B and has a P/E ratio of 26.82.
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