Basf Se (OTCMKTS:BASFY) Given Average Rating of “Moderate Buy” by Brokerages

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

BASFY has been the topic of several research reports. The Goldman Sachs Group raised Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th. Jefferies Financial Group raised shares of Basf from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. Citigroup upgraded shares of Basf to a “hold” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. initiated coverage on shares of Basf in a research report on Friday, October 11th. They issued a “neutral” rating on the stock. Finally, UBS Group downgraded 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 $11.05 on Wednesday. The stock has a market capitalization of $39.45 billion, a P/E ratio of 69.07, a P/E/G ratio of 1.16 and a beta of 1.19. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.23 and a current ratio of 2.09. Basf has a 1 year low of $10.93 and a 1 year high of $14.89. The company’s fifty day moving average is $11.57 and its two-hundred day moving average is $11.98.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share for the quarter. Basf had a return on equity of 6.53% and a net margin of 0.78%. The firm had revenue of $17.30 billion for the quarter. On average, sell-side analysts predict that Basf will post 0.89 earnings per share for the current 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.