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

Shares of Basf Se (OTCMKTS:BASFY) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

BASFY has been the subject of several research analyst reports. JPMorgan Chase & Co. started coverage on shares of Basf in a report on Friday, October 11th. They issued a “neutral” rating for the company. UBS Group lowered shares of Basf from a “buy” rating to a “neutral” rating in a research note on Monday, October 14th. The Goldman Sachs Group upgraded shares of Basf from a “neutral” rating to a “buy” rating in a research note on Monday, November 11th. Jefferies Financial Group upgraded Basf from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. Finally, Citigroup raised Basf to a “hold” rating in a research note on Wednesday, October 9th.

Basf Stock Performance

Shares of OTCMKTS BASFY opened at $11.36 on Friday. Basf has a 12-month low of $10.57 and a 12-month high of $14.89. The company has a market cap of $40.56 billion, a PE ratio of 71.00, a P/E/G ratio of 1.32 and a beta of 1.19. The stock has a 50 day simple moving average of $11.19 and a 200-day simple moving average of $11.86. The company has a current ratio of 1.87, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. Basf had a return on equity of 6.63% and a net margin of 0.78%. The company had revenue of $17.30 billion during the quarter. On average, equities research analysts forecast that Basf will post 0.88 EPS 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.