Basf Se (OTCMKTS:BASFY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Basf Se (OTCMKTS:BASFY) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several research firms recently issued reports on BASFY. UBS Group cut shares of Basf from a “buy” rating to a “neutral” rating in a report on Monday, October 14th. The Goldman Sachs Group raised shares of Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th. Jefferies Financial Group raised shares of Basf from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th. Citigroup raised shares of Basf to a “hold” rating in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. began coverage on shares of Basf in a report on Friday, October 11th. They issued a “neutral” rating on the stock.

Basf Price Performance

BASFY opened at $11.88 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. Basf has a 52-week low of $10.57 and a 52-week high of $14.89. The company has a 50 day moving average of $11.18 and a two-hundred day moving average of $11.85. The company has a market cap of $42.41 billion, a P/E ratio of 74.25, a P/E/G ratio of 1.42 and a beta of 1.19.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. Basf had a net margin of 0.78% and a return on equity of 6.63%. The company had revenue of $17.30 billion during the quarter. On average, analysts expect that Basf will post 0.88 earnings per share 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.