BASF Stock: DZ BANK recommends “Buy” with a target price of 60 Euros
DZ BANK has valued the BASF stock at a fair value of 60 Euros and confirmed the rating of “Buy”. This assessment is based on an analysis by Peter Spengler, who considers the chemical company to be well-positioned to maintain its forecast for 2025 despite a challenging market environment.
Current Market Performance
- Price Development: On May 2, 2025, the BASF stock was quoted at 43.86 Euros in XETRA trading (–1.7% from the previous day).
- Annual Performance: Since the beginning of 2025, the stock has recorded an increase of 3.3%.
- Trading Volume: Over 2 million shares were traded in the analyzed trading period.
Valuation Basis
DZ BANK sees BASF on track to meet expectations for the current year. The positive outlook is presumably based on:
- Operational Stability: Despite macroeconomic challenges, the company shows resilience in the quarterly performance.
- Industry Positioning: BASF is likely to continue benefiting from its global diversification and innovation in the chemical industry.
Investor Relevance
The target price of 60 Euros implies an upside potential of about 37% compared to the current level (~43.86 €). The confirmation of the “Buy” rating underscores its attractiveness for long-term investors, especially against the backdrop of the company’s stable forecasting stance.
Critical Assessment
While the analysis is optimistic, industry-specific risks such as raw material price fluctuations or regulatory changes remain relevant. The current price decline on the day of publication may reflect short-term market reactions.
Note: Specific details regarding the forecast basis (e.g., EBIT estimates) are not detailed in the sources provided.
Source References: The original study was published on May 2, 2025, at 11:16 CEST and includes a disclosure obligation under §85 WpHG/Art.20 EU Market Abuse Regulation.