BASF stock slips as Jefferies cuts its target to 44 euros

By Anna Walker, Analysts & Consensus desk. Reviewed on June 30, 2026 at 2:35 p.m. ET.

BASF SE (DE000BASF111) is trading in Frankfurt after Jefferies cut its target for BASF to 44 euros from 49 euros and kept the rating at Hold. The broker said the chemicals group likely had a decent second quarter, but expectations for the second half are too high.

Jefferies trims the outlook

The latest note adds a fresh analyst-side catalyst to BASF trading on June 30, 2026. In the same update, Marcus Dunford-Castro trimmed operating profit expectations and pointed to exaggerated market assumptions for the back half of the year.

A dpa-AFX report carried by Investing.com said the original study was first distributed on June 29, 2026, at 1:46 p.m. local time. MarketScreener's BASF consensus page also reflected the same change, showing the new 44-euro target alongside a 63-euro high in the analyst range.

Consensus and market context

The consensus screen on MarketScreener listed BASF at 46.93 euros in real-time estimates at 3:15 a.m. EDT on June 30, 2026, with a 5-day change of minus 0.10 percent. A separate realtime page from finanzen.at showed BASF at 46.67 euros at 10:02 a.m., down 0.85 percent, on the BMN venue.

BASF's industrial core

BASF's business still rests on a broad chemicals platform that spans chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions. That mix matters because analysts often judge the group not only on pricing but also on how quickly margins recover across divisions.

Price and trading level

As of June 30, 2026, 2:35 p.m. ET, BASF was trading at 46.67 euros on the German market, according to the realtime quote from finanzen.at. The stock's latest move leaves it well below the 52-week high of 55.05 euros shown on the same market data page.

Lubricants and dispersions

One representative part of BASF's portfolio is its dispersions business, which supplies coatings and construction customers with materials used in paints, adhesives and related industrial formulations. That segment shows how BASF ties commodity chemistry to more specialized downstream applications.

Closing level

As of June 30, 2026, 2:35 p.m. ET, BASF traded at 46.67 euros on the German market, according to finanzen.at. The realtime page also placed the company's market capitalization at 42.30 billion euros.

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