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Parmantier & Cie. sets BASF target price at EUR 59, keeps Buy rating

PUBT·10/06/2026 12:00:42
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Parmantier & Cie. sets BASF target price at EUR 59, keeps Buy rating
  • Parmantier & Cie. initiated coverage of BASF with a Buy rating in a German chemicals sector study dated Oct. 6, 2026.
  • Set a 12-month target price of EUR 59.
  • Research argues the 2027 chemicals cycle hinges on restructuring, capacity rationalization, portfolio separation, deleveraging, not a simple rebound.
  • Highlights BASF’s Agricultural Solutions separation, including IPO optionality, as a key value-realization lever.
  • Notes a confirmed non-binding approach involving BASF and Evonik; no agreed transaction, terms, financing, timetable remain uncertain.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BASF SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_27010) on October 06, 2026, and is solely responsible for the information contained therein.