Basf Se (OTCMKTS:BASFY) Receives Average Rating of “Hold” from Analysts

Basf Se (OTCMKTS:BASFY) has received an average recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Separately, Berenberg Bank upgraded Basf to a “strong-buy” rating in a report on Friday, June 28th.

Basf Price Performance

Shares of BASFY opened at $11.68 on Monday. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. Basf has a 1 year low of $10.66 and a 1 year high of $14.89. The stock has a market cap of $42.25 billion, a P/E ratio of 1,168.00, a price-to-earnings-growth ratio of 1.03 and a beta of 1.21. The stock’s 50-day moving average price is $11.90 and its two-hundred day moving average price is $12.78.

Basf (OTCMKTS:BASFY) last issued its earnings results on Friday, July 26th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter. Basf had a positive return on equity of 6.36% and a negative net margin of 0.04%. The firm had revenue of $17.34 billion for the quarter. On average, equities analysts predict that Basf will post 0.92 earnings per share for the current year.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.