Basf Se (OTCMKTS:BASFY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Basf Se (OTCMKTS:BASFY) have been given a consensus rating of “Moderate Buy” by the nine research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

BASFY has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Basf in a research note on Tuesday, May 12th. Citigroup restated a “buy” rating on shares of Basf in a research report on Friday, April 24th. Kepler Capital Markets upgraded Basf from a “hold” rating to a “buy” rating in a research report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Basf in a report on Tuesday, May 5th.

Basf Stock Performance

OTCMKTS BASFY opened at $13.71 on Tuesday. Basf has a twelve month low of $11.93 and a twelve month high of $16.25. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.56. The stock has a market cap of $48.95 billion, a P/E ratio of 23.64, a PEG ratio of 1.06 and a beta of 0.74. The company’s 50-day simple moving average is $14.10 and its 200 day simple moving average is $14.36.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.08. The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.44 billion. Basf had a net margin of 2.91% and a return on equity of 3.84%. As a group, research analysts forecast that Basf will post 0.86 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.