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

Shares of Basf Se (OTCMKTS:BASFY) have been given a consensus recommendation of “Hold” by the nine research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts recently issued reports on BASFY shares. DZ Bank upgraded Basf from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. Barclays downgraded shares of Basf from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 18th. Berenberg Bank upgraded shares of Basf from a “sell” rating to a “hold” rating in a research note on Tuesday, February 17th. Kepler Capital Markets reiterated a “hold” rating on shares of Basf in a report on Tuesday. Finally, Santander cut shares of Basf to a “neutral” rating in a report on Wednesday, February 18th.

Basf Stock Performance

BASFY stock opened at $15.36 on Wednesday. The firm has a market cap of $54.84 billion, a PE ratio of 30.12, a price-to-earnings-growth ratio of 1.57 and a beta of 0.81. The company has a current ratio of 1.93, a quick ratio of 1.19 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average price of $14.15 and a 200-day moving average price of $13.20. Basf has a 1-year low of $10.75 and a 1-year high of $15.60.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Friday, February 27th. The basic materials company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.42). The company had revenue of $16.56 billion during the quarter, compared to the consensus estimate of $14.32 billion. Basf had a net margin of 2.59% and a return on equity of 4.37%. As a group, equities research analysts expect that Basf will post 0.83 earnings per share for the current year.

Basf Company Profile

BASF SE is a Germany-based chemical company founded in 1865 (originally Badische Anilin- & Soda-Fabrik) and headquartered in Ludwigshafen. It is one of the world’s largest chemical producers, supplying raw materials, intermediates and finished chemical products to a broad range of industries including automotive, construction, agriculture, consumer goods, electronics and industrial manufacturing. The company combines large-scale production with global commercial and logistics networks to serve customers in many end markets.

BASF’s activities span basic and specialty chemicals, performance materials, functional additives, catalysts and coatings, as well as products for nutrition and personal care.