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Basf (BASFY) Stock Forecast & Price Target

$13.04
+0.04 (+0.31%)
(As of 05/24/2024 08:50 PM ET)

Basf - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 7 Analyst Ratings

Consensus Price Target

N/A

TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
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BASFY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BASFY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Basf Stock vs. The Competition

TypeBasfBasic Materials CompaniesS&P 500
Consensus Rating Score
1.86
2.59
2.49
Consensus RatingReduceModerate BuyHold
Predicted Upside418.09% Upside10.29% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/15/2024BNP Paribas
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 Reiterated RatingNeutral ➝ Underperform
4/9/2024Redburn Atlantic
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 UpgradeNeutral ➝ Buy
12/13/2023UBS Group
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 UpgradeSell ➝ Buy
11/27/2023Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight
11/16/2023Jefferies Financial Group
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 DowngradeHold ➝ Underperform
10/9/2023Sanford C. Bernstein
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 DowngradeOutperform ➝ Market Perform
6/19/2023HSBC
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 DowngradeBuy ➝ Hold
1/20/2023Credit Suisse Group
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 DowngradeOutperform ➝ Underperform
10/28/2022Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy
8/11/2022Kepler Capital Markets
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 DowngradeBuy ➝ Hold
8/1/2022Berenberg Bank
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Sebastian Bray
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Lower TargetHold ➝ Hold€62.00 ➝ €55.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:51 PM ET.

BASFY Frequently Asked Questions

What is Basf's purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, The consensus rating for Basf stock is Reduce based on the current 3 sell ratings, 2 hold ratings and 2 buy ratings for BASFY. Learn more on BASFY's analyst rating history.

Do Wall Street analysts like Basf more than its competitors?

Analysts like Basf less than other "basic materials" companies. The consensus rating for Basf is Reduce while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how BASFY compares to other companies.

Is Basf being upgraded by Wall Street analysts?

Over the previous 90 days, Basf's stock had 1 upgrade by analysts.

What analysts cover Basf?

Basf has been rated by research analysts at BNP Paribas, and Redburn Atlantic in the past 90 days.


Stock Forecasts and Research Tools

This page (OTCMKTS:BASFY) was last updated on 5/28/2024 by MarketBeat.com Staff

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