Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of “Hold” from Analysts

Shares of Basf Se (OTCMKTS:BASFY) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company.

A number of equities analysts have weighed in on BASFY shares. Berenberg Bank downgraded shares of Basf from a “buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Basf in a report on Friday, March 7th.

Basf Trading Down 0.6 %

OTCMKTS BASFY opened at $13.61 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $48.59 billion, a P/E ratio of 85.07, a P/E/G ratio of 2.30 and a beta of 1.16. The firm has a 50-day moving average price of $12.75 and a 200 day moving average price of $12.17. Basf has a 52-week low of $10.57 and a 52-week high of $14.89.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings results on Friday, February 28th. The basic materials company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The company had revenue of $16.92 billion for the quarter, compared to the consensus estimate of $15.72 billion. Basf had a net margin of 0.78% and a return on equity of 6.63%. Equities research analysts expect that Basf will post 0.83 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.