Basf Se (OTCMKTS:BASFY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Basf Se (OTCMKTS:BASFY) have earned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Basf in a report on Tuesday, May 5th. Kepler Capital Markets raised Basf from a “hold” rating to a “buy” rating in a research report on Thursday, June 11th. Finally, Morgan Stanley restated an “overweight” rating on shares of Basf in a research note on Tuesday, May 12th.

Basf Trading Up 1.5%

Shares of Basf stock opened at $15.22 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.26 and a debt-to-equity ratio of 0.50. The company has a fifty day simple moving average of $14.21 and a 200-day simple moving average of $14.58. The stock has a market cap of $54.34 billion, a price-to-earnings ratio of 7.85, a PEG ratio of 1.10 and a beta of 0.73. Basf has a 12-month low of $11.93 and a 12-month high of $16.25.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.24 by $0.13. Basf had a net margin of 9.40% and a return on equity of 5.66%. The firm had revenue of $19.99 billion for the quarter, compared to analyst estimates of $18.85 billion. On average, equities analysts forecast that Basf will post 0.84 EPS for the current fiscal 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.