Basf Se (OTCMKTS:BASFY) Given Average Rating of “Hold” by Analysts

Shares of Basf Se (OTCMKTS:BASFY) have been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Separately, Berenberg Bank upgraded Basf to a “strong-buy” rating in a research note on Friday, June 28th.

Basf Price Performance

BASFY opened at $11.73 on Friday. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. The company has a market cap of $42.43 billion, a price-to-earnings ratio of 1,173.00, a price-to-earnings-growth ratio of 1.13 and a beta of 1.22. The stock has a fifty day simple moving average of $11.95 and a two-hundred day simple moving average of $12.78. Basf has a 12-month low of $10.66 and a 12-month high of $14.89.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Friday, July 26th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter. Basf had a negative net margin of 0.04% and a positive return on equity of 6.36%. The company had revenue of $17.34 billion during the quarter. Research analysts predict that Basf will post 0.93 earnings per share for the current fiscal year.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.