BASF Shares Could Fall to 2022 Lows as Outlook Dims -- Market Talk

Dow Jones
10/14

1102 GMT - BASF's shares could fall below 40 euros a share for the first time since October 2022, as weak demand makes additional cuts to consensus estimates likely, Berenberg's Sebastian Bray writes. Cuts of 10% are possible, reflecting reduced demand and margins as well as the German chemical giant's sale of 60% of its coatings business, the analyst says. It could take up to three years or longer for BASF to exit the remaining 40% stake, the analyst says. Berenberg cuts its recommendation on BASF stock to sell from hold and lowers its target price to 37 euros from 44 euros. Shares fall 2.2% to 41.73 euros. (william.gray@wsj.com)

 

(END) Dow Jones Newswires

October 14, 2025 07:03 ET (11:03 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10