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

Basf Se (OTCMKTS:BASFY) has earned a consensus rating of “Hold” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. initiated coverage on shares of Basf in a report on Friday, October 11th. They set a “neutral” rating for the company. Citigroup raised Basf to a “hold” rating in a research note on Wednesday, October 9th. Finally, UBS Group lowered Basf from a “buy” rating to a “neutral” rating in a research report on Monday, October 14th.

Basf Stock Performance

Shares of BASFY opened at $12.32 on Tuesday. Basf has a 12-month low of $11.02 and a 12-month high of $14.89. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. The stock has a 50-day moving average price of $12.51 and a 200-day moving average price of $12.45.

Basf (OTCMKTS:BASFY) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. Basf had a net margin of 0.78% and a return on equity of 6.53%. The business had revenue of $17.30 billion during the quarter. Equities analysts expect that Basf will post 0.9 earnings per share for the current year.

About Basf

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.