Basf Se (OTCMKTS:BASFY) Given Average Recommendation of “Hold” by Brokerages

Shares of Basf Se (OTCMKTS:BASFY) have been given a consensus rating of “Hold” by the seven analysts that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

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

Basf Stock Down 2.4 %

Shares of OTCMKTS:BASFY opened at $11.73 on Friday. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 0.49. The stock has a market cap of $42.43 billion, a price-to-earnings ratio of 1,173.00, a PEG ratio of 1.13 and a beta of 1.22. Basf has a 12-month low of $10.66 and a 12-month high of $14.89. The business’s 50 day moving average is $11.95 and its 200 day moving average is $12.78.

Basf (OTCMKTS:BASFY) last posted its earnings results on Friday, July 26th. The basic materials company reported $0.25 earnings per share for the quarter. The business had revenue of $17.34 billion during the quarter. Basf had a positive return on equity of 6.36% and a negative net margin of 0.04%. On average, sell-side analysts forecast that Basf will post 0.93 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.