J.P. Morgan Sticks to Its Sell Rating for BASF SE (0BFA)
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Chetan Udeshi maintained a Sell rating on BASF SE, whose shares closed at €47.94. While the broader analyst consensus for BASF is a Moderate Buy with a price target of €53.90, Udeshi's specific stance remains negative. Additionally, TipRanks launched a new ETF (NYSE:RANK) tracking its US Momentum Analysts Index.
In a report released yesterday, Chetan Udeshi from J.P. Morgan maintained a Sell rating on BASF SE. The company’s shares closed last Tuesday at €47.94.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Udeshi is ranked #10520 out of 12329 analysts.
BASF SE has an analyst consensus of Moderate Buy, with a price target consensus of €53.90.