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

Basf Se (OTCMKTS:BASFY) has received an average recommendation of “Hold” from the eight research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of Basf in a research report on Friday. They set a “neutral” rating on the stock. Berenberg Bank upgraded shares of Basf to a “strong-buy” rating in a report on Friday, June 28th. Finally, Citigroup upgraded shares of Basf to a “hold” rating in a report on Wednesday, October 9th.

Basf Stock Performance

BASFY opened at $12.87 on Friday. The firm has a market capitalization of $46.56 billion, a PE ratio of 1,287.00, a PEG ratio of 1.19 and a beta of 1.22. Basf has a twelve month low of $10.66 and a twelve month high of $14.89. The firm’s 50-day moving average price is $12.31 and its 200 day moving average price is $12.67. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings results on Friday, July 26th. The basic materials company reported $0.25 earnings per share for the quarter. The firm had revenue of $17.34 billion for the quarter. Basf had a negative net margin of 0.04% and a positive return on equity of 6.36%. As a group, sell-side analysts expect that Basf will post 0.95 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.