Basf Se (OTCMKTS:BASFY) Given Average Rating of “Hold” by Brokerages

Shares of Basf Se (OTCMKTS:BASFY) have received a consensus recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company.

A number of equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Basf in a report on Friday, March 7th. Berenberg Bank downgraded shares of Basf from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th.

Basf Stock Performance

BASFY stock opened at $14.25 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.87 and a quick ratio of 1.03. The business has a 50-day moving average price of $12.63 and a 200 day moving average price of $12.15. The company has a market capitalization of $50.87 billion, a P/E ratio of 89.07, a PEG ratio of 2.30 and a beta of 1.16. Basf has a 1-year low of $10.57 and a 1-year high of $14.89.

Basf (OTCMKTS:BASFY) last announced its earnings results on Friday, February 28th. The basic materials company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The business had revenue of $16.92 billion during the quarter, compared to the consensus estimate of $15.72 billion. Basf had a net margin of 0.78% and a return on equity of 6.63%. As a group, equities research analysts forecast 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.