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

Shares of Basf Se (OTCMKTS:BASFY) have received an average rating of “Hold” from the nine analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company.

A number of analysts have weighed in on BASFY shares. Berenberg Bank lowered shares of Basf from a “buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Basf in a report on Friday, March 7th.

Basf Trading Up 2.9 %

Shares of BASFY stock opened at $14.36 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.87. Basf has a fifty-two week low of $10.57 and a fifty-two week high of $14.89. The company has a market cap of $51.27 billion, a PE ratio of 89.75, a P/E/G ratio of 2.30 and a beta of 1.16. The stock’s fifty day moving average price is $12.42 and its two-hundred day moving average price is $12.12.

Basf (OTCMKTS:BASFY) last released its earnings results on Friday, February 28th. The basic materials company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. The firm had revenue of $16.92 billion for the quarter, compared to analysts’ expectations of $15.72 billion. Basf had a return on equity of 6.63% and a net margin of 0.78%. Equities analysts predict that Basf will post 0.83 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.