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

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

Several equities analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of Basf in a research note on Thursday, September 3rd. Kepler Capital Markets upgraded shares of Basf from a “hold” rating to a “buy” rating in a report on Thursday, June 11th.

Basf Trading Down 0.1%

OTCMKTS:BASFY opened at $14.84 on Wednesday. The stock has a fifty day simple moving average of $14.73 and a 200 day simple moving average of $14.64. The firm has a market capitalization of $52.98 billion, a price-to-earnings ratio of 7.65, a price-to-earnings-growth ratio of 1.09 and a beta of 0.74. Basf has a 1-year low of $11.93 and a 1-year high of $16.25. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.50.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.24 by $0.13. The business had revenue of $19.99 billion during the quarter, compared to the consensus estimate of $18.85 billion. Basf had a net margin of 9.40% and a return on equity of 5.66%. Sell-side analysts forecast that Basf will post 0.84 earnings per share for the current year.

Basf Company Profile

BASF SE is a Germany-based chemical company headquartered in Ludwigshafen. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by industrial, commercial and consumer customers worldwide. Its portfolio supports industries including automotive, construction, agriculture, electronics, energy, food and personal care.

BASF’s products include basic and specialty chemicals, plastics and performance materials, coatings, catalysts, battery materials, ingredients for nutrition and personal care, and crop protection products and seeds.