Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of “Hold” from Analysts

Shares of Basf Se (OTCMKTS:BASFY) have received a consensus rating of “Hold” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company.

Several brokerages recently commented on BASFY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a report on Wednesday, September 24th. Morgan Stanley raised shares of Basf from an “equal weight” rating to an “overweight” rating in a research report on Thursday, July 24th. Berenberg Bank cut Basf from a “hold” rating to a “sell” rating in a report on Tuesday, October 14th. Citigroup initiated coverage on Basf in a research report on Wednesday, October 15th. They issued a “buy” rating on the stock. Finally, Zacks Research raised Basf from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th.

Basf Stock Performance

BASFY opened at $12.28 on Friday. The company has a market capitalization of $43.84 billion, a price-to-earnings ratio of 122.81 and a beta of 1.07. The business’s 50-day moving average price is $12.73 and its two-hundred day moving average price is $12.56. Basf has a 1 year low of $10.57 and a 1 year high of $14.76. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.75 and a quick ratio of 1.00.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). Basf had a return on equity of 6.88% and a net margin of 0.43%.The firm had revenue of $18.10 billion for the quarter, compared to the consensus estimate of $15.62 billion. Equities analysts expect that Basf will post 0.83 EPS 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.