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

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

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

Basf Stock Down 0.3 %

Shares of Basf stock opened at $11.05 on Wednesday. The stock has a 50-day moving average price of $11.57 and a 200 day moving average price of $11.99. 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 company has a market cap of $39.45 billion, a P/E ratio of 69.07, a P/E/G ratio of 1.16 and a beta of 1.19. Basf has a 1 year low of $10.93 and a 1 year high of $14.89.

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