DAX Shares of Bayer, BASF and Others: These Stocks Are Now Nearly Ignored by Most Financial Analysts
In the world of German stocks, Siemens Energy has been the standout performer this year, boasting growth over 100 percent and making it the best DAX stock of 2021. However, the picture isn't entirely rosy, as 25 percent of analysts have issued sell recommendations for the energy giant. Interestingly, 60 percent of analysts recommend buying Siemens Energy stock, leaving the development of the stock unclear to the rest.
Other DAX stocks, such as Sartorius, Covestro, and BASF, have received more favourable analyst opinions, with between 20 and 30 percent of analysts recommending these stocks for purchase. The article also highlights related articles, including "Is this the German Nasdaq-100 ETF? Make big gains with stocks like SAP & Co." and "Minus 50%: Is the Mercedes-Benz auto stock now a buy despite shocking numbers?"
Not all DAX stocks have been fortunate, though. Bayer (WKN: BAY001) and Continental find themselves in this category, with only 5 percent and an unspecified percentage of analysts, respectively, recommending these stocks for purchase. In the case of Bayer, a mere 5 percent of analysts are bullish on the stock, while 95 percent are either holding or selling. Continental, the tire manufacturer, has 30 percent sell recommendations, 65 percent would hold, and only 5 percent would buy.
Among DAX stocks, Henkel preferred shares are the least favoured, with only 5 percent of analysts recommending a buy, while the rest are either holding or selling. It's worth noting that Brenntag, a chemical company, has a distribution similar to Siemens Energy.
In terms of potential conflicts of interest, it's important to note that the publisher Boersenmedien AG and its CEO Bernd Foerstch have positions in Bayer and BASF. However, the article does not provide any specific information about Sartorius, Covestro, or BASF shares and their analyst recommendations.
For those seeking bearish or avoid recommendations on individual DAX stocks like Bayer, BASF, or Siemens Energy, more detailed or specialized analyst reports from financial news outlets or brokerage firms covering these companies would be needed for that insight. The latest summaries and market outlooks do not provide such information.
Investments in Siemens Energy stock may yield returns given the positive opinions of 60 percent of analysts, but the 25 percent that have issued sell recommendations draw attention. On the other hand, stocks such as Sartorius, Covestro, and BASF may be more favourable options, considering their analyst opinions range from 20 to 30 percent for purchase.
