Basf Se (OTCMKTS:BASFY) Stock Rated “Moderate Buy” by Wall Street Brokerages

Basf Se (OTCMKTS:BASFY) has been assigned an average rating of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Separately, Citigroup restated a “buy” rating on shares of Basf in a research report on Thursday, September 3rd.

Basf Stock Performance

Shares of Basf stock opened at $14.82 on Friday. The stock has a market cap of $52.91 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 1.19 and a beta of 0.76. The business has a fifty day simple moving average of $14.86 and a 200-day simple moving average of $14.73. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.50. Basf has a 12 month low of $11.93 and a 12 month high of $16.25.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.13. The business had revenue of $19.99 billion for the quarter, compared to the consensus estimate of $18.85 billion. Basf had a return on equity of 5.66% and a net margin of 9.40%. On average, sell-side analysts anticipate that Basf will post 0.82 EPS for the current fiscal year.

Basf Company Profile

BASF SE is a Germany-based global chemical company headquartered in Ludwigshafen, Germany. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by manufacturers and consumers in industries including automotive, construction, agriculture, food and nutrition, personal care, electronics, and energy.

Its business activities include the production of basic and specialty chemicals, plastics and performance materials, coatings and surface treatments, catalysts, agricultural solutions, nutrition and care ingredients, and industrial solutions.