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

Shares of Basf Se (OTCMKTS:BASFY) have been assigned an average rating of “Hold” from the eight analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms recently commented on BASFY. Citigroup upgraded Basf to a “hold” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. began coverage on Basf in a research report on Friday, October 11th. They set a “neutral” rating for the company. UBS Group cut Basf from a “buy” rating to a “neutral” rating in a research report on Monday. Finally, Berenberg Bank upgraded Basf to a “strong-buy” rating in a research report on Friday, June 28th.

Basf Stock Down 1.0 %

Shares of OTCMKTS:BASFY opened at $12.42 on Friday. Basf has a 12-month low of $10.66 and a 12-month high of $14.89. The stock has a fifty day simple moving average of $12.42 and a two-hundred day simple moving average of $12.64. 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 stock has a market capitalization of $44.93 billion, a price-to-earnings ratio of 1,242.00, a PEG ratio of 1.19 and a beta of 1.22.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings results on Friday, July 26th. The basic materials company reported $0.25 earnings per share for the quarter. The firm had revenue of $17.34 billion during the quarter. Basf had a positive return on equity of 6.36% and a negative net margin of 0.04%. On average, research analysts anticipate that Basf will post 0.95 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.