BASF: Citigroup now recommends investing
In a market environment that has recently become increasingly difficult, the shares of chemical giant BASF also suffered another setback. This was particularly disappointing from a technical perspective, as the shares of the DAX-listed company from Ludwigshafen had only just broken through a stubborn resistance zone after several previous failed attempts.
The first step now is for the price to stabilize again. After that, a renewed attack on the €46.00 mark can be attempted. The stock is receiving support in this endeavor from experts at the major US bank Citigroup. Their analyst Sebastian Satz has now upgraded the shares of the world's largest chemical producer from "Neutral" to "Buy." The institute's study published today stated that BASF shares, which are cheaply valued compared to the industry, are currently the "preferred bet" on the turnaround expected in the European chemical sector in 2026. The sector has been suffering from persistently weak demand for some time. This could finally change in 2026. In such a scenario, BASF is likely to benefit disproportionately, according to the US bank. Furthermore, Citigroup believes that market participants are underestimating the Ludwigshafen-based company's dividend payout potential for the next two to three years, which the company has thanks to its solid balance sheet. In addition, Citigroup considers earnings expectations for the coming year to be relatively low.
DER AKTIONÄR maintains its assessment: In the long term, the outlook for this DAX-listed stock, which is particularly attractively valued by historical standards, is quite good. While nerves and patience will still be required in the short term, sentiment has recently brightened somewhat, especially with regard to 2026. Those who hold the currently strong BASF shares in their portfolio should hold on. The stop loss should be maintained at €36.00.
Reference to conflicts of interest
The board member and majority shareholder of the publisher Börsenmedien AG, Mr. Bernd Förtsch, has directly and indirectly entered into positions in the following financial instruments or derivatives related to them mentioned in the publication, which may benefit from any price developments resulting from the publication: BASF.
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