Basf Se (OTCMKTS:BASFY) Given Average Recommendation of “Hold” by Brokerages

Basf Se (OTCMKTS:BASFY) has received a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company.

BASFY has been the subject of a number of analyst reports. Berenberg Bank lowered Basf from a “buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a research report on Friday, March 7th.

Basf Price Performance

Shares of BASFY opened at $13.61 on Friday. The firm has a market cap of $48.59 billion, a price-to-earnings ratio of 85.07, a PEG ratio of 2.30 and a beta of 1.16. The stock has a 50 day moving average of $12.75 and a 200-day moving average of $12.17. The company has a current ratio of 1.87, a quick ratio of 1.03 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.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Friday, February 28th. The basic materials company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. Basf had a return on equity of 6.63% and a net margin of 0.78%. The business had revenue of $16.92 billion during the quarter, compared to analyst estimates of $15.72 billion. As a group, analysts forecast that Basf will post 0.83 EPS 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.