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

Shares of Basf Se (OTCMKTS:BASFY) have received an average rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

A number of equities research analysts have weighed in on BASFY shares. The Goldman Sachs Group raised Basf from a “neutral” rating to a “buy” rating in a research report on Monday, November 11th. Jefferies Financial Group raised Basf from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. initiated coverage on Basf in a research note on Friday, October 11th. They set a “neutral” rating for the company. Citigroup upgraded Basf to a “hold” rating in a research note on Wednesday, October 9th. Finally, UBS Group lowered shares of Basf from a “buy” rating to a “neutral” rating in a research report on Monday, October 14th.

Basf Stock Performance

Shares of Basf stock opened at $11.33 on Friday. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average price of $12.16 and a 200-day moving average price of $12.20. Basf has a one year low of $10.95 and a one year high of $14.89.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. Basf had a return on equity of 6.53% and a net margin of 0.78%. The firm had revenue of $17.30 billion during the quarter. Equities analysts forecast that Basf will post 0.89 EPS for the current 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.