Basf Se (OTCMKTS:BASFY) Given Consensus Recommendation of “Hold” by Analysts

Basf Se (OTCMKTS:BASFY) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts have weighed in on the company. Santander downgraded Basf to a “neutral” rating in a report on Wednesday, February 18th. Citigroup reiterated a “buy” rating on shares of Basf in a research note on Wednesday, February 25th. Berenberg Bank raised Basf from a “sell” rating to a “hold” rating in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft raised shares of Basf from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Zacks Research upgraded shares of Basf from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 18th.

Basf Stock Performance

OTCMKTS:BASFY opened at $14.13 on Wednesday. The company has a fifty day simple moving average of $13.96 and a two-hundred day simple moving average of $13.13. The company has a market cap of $50.45 billion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 1.43 and a beta of 0.81. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 0.54. Basf has a 52 week low of $10.75 and a 52 week high of $15.60.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings data on Friday, February 27th. The basic materials company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.42). The company had revenue of $16.56 billion during the quarter, compared to analyst estimates of $14.32 billion. Basf had a net margin of 2.59% and a return on equity of 4.37%. As a group, equities analysts anticipate that Basf will post 0.83 earnings per share for the current fiscal year.

Basf Company Profile

BASF SE is a Germany-based chemical company founded in 1865 (originally Badische Anilin- & Soda-Fabrik) and headquartered in Ludwigshafen. It is one of the world’s largest chemical producers, supplying raw materials, intermediates and finished chemical products to a broad range of industries including automotive, construction, agriculture, consumer goods, electronics and industrial manufacturing. The company combines large-scale production with global commercial and logistics networks to serve customers in many end markets.

BASF’s activities span basic and specialty chemicals, performance materials, functional additives, catalysts and coatings, as well as products for nutrition and personal care.