Shares of Basf Se (OTCMKTS:BASFY – Get Free Report) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.
A number of analysts have recently weighed in on BASFY shares. Deutsche Bank Aktiengesellschaft cut Basf from a “buy” rating to a “hold” rating in a research report on Monday, October 26th. Citigroup reiterated a “buy” rating on shares of Basf in a research note on Thursday, September 3rd.
Read Our Latest Research Report on Basf
Basf Stock Up 0.3%
Shares of Basf stock opened at $15.18 on Thursday. The stock has a market cap of $54.19 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.25 and a beta of 0.80. The firm’s 50-day moving average is $14.86 and its two-hundred day moving average is $14.61. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.85 and a quick ratio of 1.19. Basf has a 1 year low of $12.04 and a 1 year high of $16.25.
Basf (OTCMKTS:BASFY – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The basic materials company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.12 by $0.09. Basf had a return on equity of 6.92% and a net margin of 9.11%. The firm had revenue of $18.20 billion during the quarter, compared to analyst estimates of $18.03 billion. As a group, research analysts expect that Basf will post 0.82 earnings per share for the current fiscal year.
About Basf
BASF SE is a German chemical company that develops, produces and sells chemicals and related products for businesses across a wide range of industries. Its portfolio includes chemicals and materials, industrial solutions, surface technologies, products for nutrition and personal care, and agricultural solutions such as crop protection products and seeds.
Founded in 1865, BASF is headquartered in Ludwigshafen, Germany, and serves customers around the world. Its products are used in areas including manufacturing, transportation, construction, agriculture and consumer goods.
The company operates internationally through production sites and sales organizations.
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