Basf Se (OTCMKTS:BASFY) Stock Rated “Hold” by Wall Street Analysts

Shares of Basf Se (OTCMKTS:BASFY – Get Free Report) have received a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

BASFY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lowered shares of Basf from a “buy” rating to a “hold” rating in a report on Monday, October 26th. Citigroup reaffirmed a “buy” rating on shares of Basf in a report on Thursday, September 3rd.

Read Our Latest Analysis on BASFY

Basf Stock Down 3.6%

BASFY stock opened at $15.13 on Thursday. The company has a market cap of $54.02 billion, a PE ratio of 7.84, a price-to-earnings-growth ratio of 1.24 and a beta of 0.80. The business has a 50-day simple moving average of $14.86 and a 200 day simple moving average of $14.60. Basf has a 52 week low of $12.04 and a 52 week high of $16.25. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.50.

Basf (OTCMKTS:BASFY – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The basic materials company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.09. The business had revenue of $18.20 billion during the quarter, compared to analysts’ expectations of $18.03 billion. Basf had a net margin of 9.11% and a return on equity of 6.92%. Sell-side analysts anticipate that Basf will post 0.82 EPS for the current fiscal year.

Basf Company Profile

(Get Free Report)

BASF SE is a German chemical company that develops, produces and sells chemicals and related products for businesses across a wide range of industries. Its portfolio includes chemicals and materials, industrial solutions, surface technologies, products for nutrition and personal care, and agricultural solutions such as crop protection products and seeds.

Founded in 1865, BASF is headquartered in Ludwigshafen, Germany, and serves customers around the world. Its products are used in areas including manufacturing, transportation, construction, agriculture and consumer goods.

The company operates internationally through production sites and sales organizations.

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Analyst Recommendations for Basf (OTCMKTS:BASFY)

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