Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of “Moderate Buy” from Brokerages

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

Several analysts have issued reports on BASFY shares. Morgan Stanley restated an “overweight” rating on shares of Basf in a research report on Tuesday, May 12th. Citigroup reiterated a “buy” rating on shares of Basf in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Basf in a research 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, Kepler Capital Markets raised Basf from a “hold” rating to a “buy” rating in a report on Thursday, June 11th.

Basf Stock Performance

Shares of OTCMKTS BASFY opened at $13.44 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.93 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $14.62 and its two-hundred day moving average is $14.28. The company has a market cap of $48.00 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.10 and a beta of 0.74. Basf has a 12 month low of $11.93 and a 12 month high of $16.25.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.08. The company had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.44 billion. Basf had a return on equity of 3.90% and a net margin of 2.91%. On average, equities analysts expect that Basf will post 0.82 EPS for the current 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.