ubs maintains neutral rating on basf with target price of 47 euros

UBS has given BASF a "Neutral" rating and a target price of 47 euros.

Analyst Geoff Haire mentioned that BASF expressed confidence in achieving its annual operating profit (EBITDA) target of 1.7 billion euros during an investor event.

However, Haire's recommendation reflects concerns about the company's limited short-term growth prospects.

The analysis was published on November 22, 2024, at 06:35 GMT.

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