BASF SE Positioned for Positive Growth Amid Strategic Recommendations

BASF SE has been rated as a 'Buy' by Parmantier & Cie. GmbH, with a target price set at EUR 61. This evaluation follows a strong performance in the third quarter, where BASF's EBITDA before special items increased by 14.9% to €1.64 billion. The core-business EBITDA rose even more significantly, by 48.9% to €1.63 billion, prompting an increase in full-year EBITDA guidance to €7.4–7.8 billion.

The CEO of BASF, Markus Kamieth, expressed that the current timing is favorable for European chemicals consolidation. A potential combination with Evonik could strengthen their global specialty-chemicals platform. The research outlines a hypothetical scenario for 2029, projecting a combined EBITDA of approximately €11.8 billion.

In the Agricultural Solutions sector, the enterprise valuation stands at €27.3 billion, indicating substantial potential for portfolio enhancement and debt reduction. Financial discipline remains a priority, with acquisitions being optional according to Kamieth.