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

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

A number of research firms have commented on BASFY. Kepler Capital Markets upgraded shares of Basf from a “hold” rating to a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley reissued an “overweight” rating on shares of Basf in a report on Tuesday, May 12th. Citigroup reaffirmed a “buy” rating on shares of Basf in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Basf in a research report on Tuesday, May 5th. Finally, Zacks Research raised Basf from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 18th.

Basf Trading Down 0.7%

OTCMKTS:BASFY opened at $13.49 on Friday. The company has a market capitalization of $48.16 billion, a PE ratio of 23.26, a P/E/G ratio of 1.10 and a beta of 0.74. Basf has a 52-week low of $11.93 and a 52-week high of $16.25. The stock’s 50 day moving average price is $14.53 and its 200 day moving average price is $14.29. The company has a quick ratio of 1.19, a current ratio of 1.93 and a debt-to-equity ratio of 0.54.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.08. The business had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.44 billion. Basf had a return on equity of 3.90% and a net margin of 2.91%. On average, research analysts anticipate that Basf will post 0.82 EPS 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.