Basf Se (OTCMKTS:BASFY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Basf Se (OTCMKTS:BASFY) has received an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

BASFY has been the topic of several research reports. Jefferies Financial Group raised Basf from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. Berenberg Bank lowered Basf from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, The Goldman Sachs Group raised Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th.

Basf Stock Performance

Shares of BASFY stock opened at $13.35 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.87 and a quick ratio of 1.03. Basf has a fifty-two week low of $10.57 and a fifty-two week high of $14.89. The stock’s 50-day moving average is $11.57 and its two-hundred day moving average is $11.89. The firm has a market cap of $47.66 billion, a P/E ratio of 83.44, a PEG ratio of 2.27 and a beta of 1.19.

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.