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

Basf Se (OTCMKTS:BASFY) has earned an average rating of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat.com 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 given a strong buy recommendation to the company.

BASFY has been the subject of several research analyst reports. Kepler Capital Markets raised Basf from a “hold” rating to a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley restated an “overweight” rating on shares of Basf in a research note on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Basf in a report on Tuesday, May 5th. Zacks Research raised Basf from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 18th. Finally, Citigroup restated a “buy” rating on shares of Basf in a research report on Friday, April 24th.

Basf Stock Performance

OTCMKTS BASFY opened at $13.61 on Friday. The company’s 50 day simple moving average is $14.75 and its two-hundred day simple moving average is $14.27. 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 has a 1 year low of $11.93 and a 1 year high of $16.25. The stock has a market capitalization of $48.59 billion, a PE ratio of 23.47, a P/E/G ratio of 1.07 and a beta of 0.74.

Basf (OTCMKTS:BASFY) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.08. The firm had revenue of $18.74 billion during 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%. Analysts predict that Basf will post 0.82 earnings per share for the current fiscal year.

About Basf

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.