XTRA:BASChemicals
Is BASF (XTRA:BAS) Still Attractive After Recent Gains And Conflicting Valuation Signals
If you are wondering whether BASF at €45.82 is a bargain or just fairly priced, it helps to break the story down into what the recent share moves and valuation checks are actually saying.
Over the short term, BASF shares have returned 3.8% over 7 days, 3.5% over 30 days and 2.3% year to date, while the 1 year return sits at 9.0% and the 3 year return at 4.8%. This compares with a 5 year return of a 7.0% decline.
Recent news around BASF has focused on its role as a major European chemicals...