Basf Se (OTCMKTS:BASFY) Given Consensus Rating of “Moderate Buy” by Brokerages

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

BASFY has been the topic of several recent analyst reports. Kepler Capital Markets upgraded Basf from a “hold” rating to a “buy” rating in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a research report on Tuesday, May 5th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Basf in a research note on Tuesday, May 12th.

Basf Stock Down 0.3%

BASFY stock opened at $15.05 on Friday. The stock has a market capitalization of $53.73 billion, a PE ratio of 7.76, a price-to-earnings-growth ratio of 1.11 and a beta of 0.73. The company has a fifty day moving average of $14.16 and a 200-day moving average of $14.57. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.26 and a current ratio of 1.91. Basf has a one year low of $11.93 and a one year 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.13. The business had revenue of $19.99 billion for the quarter, compared to analyst estimates of $18.85 billion. Basf had a net margin of 9.40% and a return on equity of 5.78%. As a group, analysts expect that Basf will post 0.84 EPS for the current year.

About Basf

BASF SE is a Germany-based chemical company founded in 1865 (originally Badische Anilin- & Soda-Fabrik) and headquartered in Ludwigshafen. It is one of the world’s largest chemical producers, supplying raw materials, intermediates and finished chemical products to a broad range of industries including automotive, construction, agriculture, consumer goods, electronics and industrial manufacturing. The company combines large-scale production with global commercial and logistics networks to serve customers in many end markets.

BASF’s activities span basic and specialty chemicals, performance materials, functional additives, catalysts and coatings, as well as products for nutrition and personal care.