Basf Se (OTCMKTS:BASFY – Get Free Report) has earned a consensus recommendation of “Hold” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.
Several research firms have commented on BASFY. Berenberg Bank upgraded Basf to a “strong-buy” rating in a research report on Friday, June 28th. UBS Group lowered Basf from a “buy” rating to a “neutral” rating in a research report on Monday. Citigroup upgraded Basf to a “hold” rating in a research report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. started coverage on Basf in a research report on Friday, October 11th. They set a “neutral” rating on the stock.
Read Our Latest Research Report on BASFY
Basf Stock Performance
Basf (OTCMKTS:BASFY – Get Free Report) last posted its quarterly earnings data on Friday, July 26th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter. Basf had a negative net margin of 0.04% and a positive return on equity of 6.36%. The firm had revenue of $17.34 billion for the quarter. Research analysts expect that Basf will post 0.95 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.
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