Basf Se Upgraded to Neutral at Goldman Sachs (BASFY)
Separately, analysts at Kepler Capital Markets downgraded shares of Basf Se from a “buy” rating to a “hold” rating in a research note on Tuesday, May 20th.
Shares of Basf Se (NASDAQ:BASFY) traded down 1.15% on Friday, hitting $100.538. The stock had a trading volume of 33,044 shares. Basf Se has a 52-week low of $87.01 and a 52-week high of $119.71. The stock’s 50-day moving average is $109.0 and its 200-day moving average is $111.1. The company has a market cap of $92.342 billion and a price-to-earnings ratio of 13.94.
Basf Se (NASDAQ:BASFY) last released its earnings data on Thursday, July 24th. The company reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by $0.22. On average, analysts predict that Basf Se will post $7.55 earnings per share for the current fiscal year.
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.
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