Current analysis: Baader Bank rates BASF shares with a price target of 53 euros
Baader Bank confirms BASF shares on "Add" - analysis and forecast of price development. Find out the latest developments here. #BASF #stock analysis #BaaderBank

Current analysis: Baader Bank rates BASF shares with a price target of 53 euros
Baader Bank carried out a thorough analysis of BASF shares and, based on the quarterly figures, left the rating at “Add” with a price target of 53 euros. According to analyst Konstantin Wiechert, the chemical company got off to a strong start to the year. However, he expressed caution for the current quarter and the full year, as the first quarter was characterized by inventory build-up. The BASF share currently still has a potential of 5.08 percent based on the stated price target, after slipping by 1.7 percent to EUR 50.44 in a XETRA session. To date, 2,319,703 BASF shares have been traded on XETRA, and the price has increased by 3.4 percent since the beginning of 2024. Financial results for the first quarter of 2024 are expected on April 25, 2024.
Please note that the information on the obligation to disclose conflicts of interest regarding the named analyst firm can be viewed under certain conditions. The original study was published on April 25, 2024 at 9:25 a.m. CEST. BASF SE and gopixa / Shutterstock.com are named as image sources. Advertising in connection with ETF investments from 50,000 euros is still available from the test winner OSKAR black, in order to build up assets intelligently, tax-smartly and with inflation protection.