Share on StockTwits

Basf Se (NASDAQ:BASFY) was downgraded by analysts at Kepler Capital Markets from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Shares of Basf Se (NASDAQ:BASFY) opened at 113.50 on Tuesday. Basf Se has a 1-year low of $86.00 and a 1-year high of $115.29. The stock’s 50-day moving average is $111.6 and its 200-day moving average is $107.9. The company has a market cap of $104.2 billion and a price-to-earnings ratio of 15.49.

BASF SE is a Germany-based chemical company. It diversifies its activities into six business segments: Chemicals, providing basic products and specialties including nitric acid and methanol, basic chemicals including ethylene and butadiene and intermediates, among others; Plastics, providing engineering plastics, polyamides and polyurethane solutions, among others; Performance Products, providing products for the coatings and paints industry, cosmetics, detergents and cleaners industry, vitamins and enzymes, products for the paper industry and performance chemicals, among others; Functional Solutions, which develops coating products, catalysts and concrete admixtures, among others; Agricultural Solutions, providing active ingredients and formulations for the improvement of crop health and yields, and Oil & Gas business segment, which is bundled in the Wintershall Group, is engaged in the exploration and production of crude oil and natural gas and trading.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.