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

Shares of Basf Se (OTCMKTS:BASFY) have received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat 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 issued a strong buy rating on the company.

A number of analysts have weighed in on the stock. The Goldman Sachs Group raised shares of Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th. UBS Group lowered Basf from a “buy” rating to a “neutral” rating in a research report on Monday, October 14th. JPMorgan Chase & Co. started coverage on shares of Basf in a report on Friday, October 11th. They set a “neutral” rating for the company. Citigroup raised shares of Basf to a “hold” rating in a research note on Wednesday, October 9th. Finally, Jefferies Financial Group raised Basf from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th.

Basf Stock Performance

Basf stock opened at $11.91 on Friday. The firm has a market capitalization of $42.52 billion, a PE ratio of 74.44, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. Basf has a one year low of $10.57 and a one year high of $14.89. The stock’s 50 day moving average price is $11.20 and its 200 day moving average price is $11.85. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.87.

Basf (OTCMKTS:BASFY) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 EPS for the quarter. Basf had a return on equity of 6.63% and a net margin of 0.78%. The business had revenue of $17.30 billion for the quarter. As a group, sell-side analysts expect that Basf will post 0.88 EPS for the current fiscal 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.