Basf Se (OTCMKTS:BASFY) Given Consensus Rating of “Hold” by Brokerages

Basf Se (OTCMKTS:BASFY) has been assigned a consensus rating of “Hold” from the nine research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

BASFY has been the topic of several recent research reports. Zacks Research raised shares of Basf from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Basf in a report on Tuesday, May 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Basf in a report on Tuesday, May 12th. Santander lowered shares of Basf to a “neutral” rating in a report on Wednesday, February 18th. Finally, Kepler Capital Markets reissued a “hold” rating on shares of Basf in a report on Tuesday, March 31st.

Basf Price Performance

BASFY stock opened at $15.46 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.19 and a current ratio of 1.93. Basf has a 52 week low of $11.66 and a 52 week high of $16.25. The firm’s fifty day moving average is $14.98 and its 200 day moving average is $13.87. The firm has a market cap of $55.19 billion, a P/E ratio of 26.66, a P/E/G ratio of 1.28 and a beta of 0.75.

Basf (OTCMKTS:BASFY) last released its earnings results on Thursday, April 30th. The basic materials company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.31 by $0.08. Basf had a net margin of 2.91% and a return on equity of 3.90%. The company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.44 billion. Research analysts predict that Basf will post 0.81 earnings per share for the current year.

Basf Company Profile

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.