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

Basf Se (OTCMKTS:BASFY) has earned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

BASFY has been the subject of several research analyst reports. Zacks Research raised shares of Basf from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 18th. Berenberg Bank raised shares of Basf from a “sell” rating to a “hold” rating in a report on Tuesday, February 17th. Barclays cut Basf from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft upgraded Basf from a “hold” rating to a “buy” rating in a research report on Tuesday, March 24th. Finally, Santander cut Basf to a “neutral” rating in a report on Wednesday, February 18th.

Basf Stock Performance

BASFY stock opened at $14.94 on Wednesday. Basf has a 1-year low of $10.75 and a 1-year high of $15.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.93 and a quick ratio of 1.19. The company has a market capitalization of $53.34 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 1.56 and a beta of 0.81. The business has a 50 day simple moving average of $14.05 and a two-hundred day simple moving average of $13.17.

Basf (OTCMKTS:BASFY) last released 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). Basf had a net margin of 2.59% and a return on equity of 4.37%. The company had revenue of $16.56 billion for the quarter, compared to the consensus estimate of $14.32 billion. Research analysts anticipate that Basf will post 0.83 EPS 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.