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

by · The Markets Daily

Shares of Basf Se (OTCMKTS:BASFY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have recently commented on the stock. Kepler Capital Markets upgraded shares of Basf from a “hold” rating to a “buy” rating in a report on Thursday, June 11th. Citigroup reiterated a “buy” rating on shares of Basf in a report on Thursday, September 3rd.

Check Out Our Latest Stock Analysis on Basf

Basf Price Performance

BASFY opened at $14.84 on Wednesday. The business has a fifty day moving average of $14.73 and a 200 day moving average of $14.63. The stock has a market cap of $52.98 billion, a P/E ratio of 7.65, a PEG ratio of 1.11 and a beta of 0.74. 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 has a 52-week low of $11.93 and a 52-week high of $16.25.

Basf (OTCMKTS:BASFY – Get Free Report) last released its earnings results on Wednesday, July 29th. The basic materials company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.13. Basf had a return on equity of 5.66% and a net margin of 9.40%.The business had revenue of $19.99 billion for the quarter, compared to analyst estimates of $18.85 billion. As a group, sell-side analysts anticipate that Basf will post 0.84 EPS for the current year.

About Basf

(Get Free Report)

BASF SE is a Germany-based chemical company headquartered in Ludwigshafen. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by industrial, commercial and consumer customers worldwide. Its portfolio supports industries including automotive, construction, agriculture, electronics, energy, food and personal care.

BASF’s products include basic and specialty chemicals, plastics and performance materials, coatings, catalysts, battery materials, ingredients for nutrition and personal care, and crop protection products and seeds.

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