Basf Se (OTCMKTS:BASFY) Given Consensus Recommendation of “Hold” by Analysts

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

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

Basf Stock Up 1.4 %

OTCMKTS BASFY opened at $11.75 on Tuesday. 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’s 50 day moving average is $12.48 and its two-hundred day moving average is $12.42. Basf has a 1-year low of $11.02 and a 1-year high of $14.89.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share for the quarter. The company had revenue of $17.30 billion for the quarter. Basf had a return on equity of 6.53% and a net margin of 0.78%. As a group, equities analysts expect that Basf will post 0.9 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.