Zacks: Basf Se (BASFY) Given Average Rating of “Buy” by Brokerages
Basf Se (NASDAQ:BASFY) has been given an average broker rating score of 2.00 (Buy) from the five analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.
Brokers have set a 12 month consensus target price of $28.90 for the company and are predicting that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also given Basf Se an industry rank of 71 out of 265 based on the ratings given to related companies.
Several equities analysts recently issued reports on the stock. Zacks Investment Research cut shares of Basf Se from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Berenberg Bank raised shares of Basf Se from a “sell” rating to a “hold” rating in a report on Monday, July 31st.
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Basf Se (NASDAQ BASFY) traded up $0.17 during mid-day trading on Thursday, reaching $28.38. 77,326 shares of the company’s stock traded hands, compared to its average volume of 155,117. Basf Se has a fifty-two week low of $20.61 and a fifty-two week high of $105.42.
Basf Se Company Profile
BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.
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