Basf (OTCMKTS:BASFY) was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Saturday.

Separately, Zacks Investment Research raised Basf from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $31.00.

Shares of BASFY opened at $23.94 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.43 and a debt-to-equity ratio of 0.47. Basf has a 52 week low of $21.79 and a 52 week high of $30.22. The company has a market capitalization of $87.96 billion, a PE ratio of 13.15, a P/E/G ratio of 1.27 and a beta of 1.16.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Friday, July 27th. The basic materials company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.02). The business had revenue of $20.02 billion during the quarter. Basf had a net margin of 9.32% and a return on equity of 17.47%. analysts forecast that Basf will post 1.99 earnings per share for the current fiscal year.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Basf (OTCMKTS:BASFY)

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