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

Basf Se (OTCMKTS:BASFY) has received a consensus rating of “Hold” from the nine research firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

BASFY has been the topic of a number of research reports. Berenberg Bank upgraded shares of Basf from a “sell” rating to a “hold” rating in a research note on Tuesday, February 17th. Santander downgraded shares of Basf to a “neutral” rating in a report on Wednesday, February 18th. Citigroup reissued a “buy” rating on shares of Basf in a report on Friday, April 24th. Morgan Stanley reissued an “overweight” rating on shares of Basf in a report on Tuesday, May 12th. Finally, Barclays downgraded shares of Basf from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 18th.

Basf Price Performance

OTCMKTS:BASFY opened at $14.67 on Monday. The firm has a market capitalization of $52.37 billion, a P/E ratio of 25.29, a PEG ratio of 1.17 and a beta of 0.72. Basf has a 1-year low of $11.75 and a 1-year high of $16.25. The company’s fifty day moving average price is $15.31 and its 200-day moving average price is $14.12. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.93 and a quick ratio of 1.19.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.08. The firm had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.44 billion. Basf had a net margin of 2.91% and a return on equity of 3.90%. As a group, equities research analysts anticipate that Basf will post 0.85 EPS for the current 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.