UBS has given BASF a "Neutral" rating with a target price of 47 euros.
The ongoing discussions in the European chemical industry about the potential impact of increased Russian gas supplies to Europe were highlighted by analyst Geoff Haire.
A ceasefire between Russia and Ukraine could lead to lower gas prices, reducing the risk premium and increasing exports.
In this scenario, BASF, Covestro, Lanxess, and Yara are expected to benefit the most from the anticipated changes in the gas market.
The analysis, published on December 8, 2024, reflects the current sentiment surrounding the chemical sector amid geopolitical developments.