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Parmantier & Cie. Maintains BASF at Buy With EUR 61 Price Target

PUBT·10/28/2026 13:00:51
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Parmantier & Cie. Maintains BASF at Buy With EUR 61 Price Target
  • Parmantier & Cie. reiterated Buy on BASF with a EUR 61 three-to-six-month price target in its Oct. 28, 2026 report.
  • CEO Markus Kamieth’s consolidation comments reinforced the firm’s case for a combination with Evonik, but did not confirm a transaction.
  • The firm’s illustrative 2029 scenario projects EUR 11.8 billion combined EBITDA, with net debt including pensions around twice EBITDA.
  • Third-quarter EBITDA before special items rose 14.9% to EUR 1.64 billion.
  • Full-year EBITDA guidance increased to EUR 7.4 billion–EUR 7.8 billion.


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_27210) on October 28, 2026, and is solely responsible for the information contained therein.