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

Shares of Basf Se (OTCMKTS:BASFY) have been given an average rating of “Hold” by the nine research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company.

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Basf in a report on Friday, March 7th. JPMorgan Chase & Co. downgraded Basf from a “neutral” rating to an “underweight” rating in a report on Thursday, March 27th. Finally, Berenberg Bank lowered Basf from a “buy” rating to a “hold” rating in a research report on Tuesday, February 18th.

Basf Price Performance

Shares of OTCMKTS BASFY opened at $10.81 on Wednesday. Basf has a 52 week low of $10.57 and a 52 week high of $14.76. The business’s 50 day moving average price is $12.92 and its 200 day moving average price is $12.17. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. The firm has a market cap of $38.59 billion, a P/E ratio of 67.57, a P/E/G ratio of 2.30 and a beta of 1.09.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Friday, February 28th. The basic materials company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The firm had revenue of $16.92 billion for the quarter, compared to analyst estimates of $15.72 billion. Basf had a net margin of 0.78% and a return on equity of 6.63%. On average, sell-side analysts expect that Basf will post 0.83 earnings per share for the current year.

About Basf

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.