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

Shares of Basf Se (OTCMKTS:BASFY) have been given an average recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several equities research analysts recently commented on BASFY shares. Jefferies Financial Group upgraded Basf from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. initiated coverage on shares of Basf in a research note on Friday, October 11th. They set a “neutral” rating on the stock. UBS Group cut shares of Basf from a “buy” rating to a “neutral” rating in a research report on Monday, October 14th. The Goldman Sachs Group raised shares of Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th. Finally, Citigroup upgraded shares of Basf to a “hold” rating in a report on Wednesday, October 9th.

Basf Stock Performance

Shares of BASFY stock opened at $11.36 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.87. The stock has a market cap of $40.56 billion, a PE ratio of 71.00, a P/E/G ratio of 1.32 and a beta of 1.19. Basf has a 1 year low of $10.57 and a 1 year high of $14.89. The stock has a fifty day moving average price of $11.19 and a 200 day moving average price of $11.86.

Basf (OTCMKTS:BASFY) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $17.30 billion for the quarter. Basf had a return on equity of 6.63% and a net margin of 0.78%. Sell-side analysts forecast that Basf will post 0.88 earnings per share for the current fiscal 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.