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

Shares of Basf Se (OTCMKTS:BASFY) have earned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

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

Basf Trading Up 2.4 %

OTCMKTS BASFY opened at $12.20 on Friday. The company’s 50-day simple moving average is $11.24 and its two-hundred day simple moving average is $11.85. Basf has a one year low of $10.57 and a one year high of $14.89. The company has a market capitalization of $43.56 billion, a price-to-earnings ratio of 76.25, a price-to-earnings-growth ratio of 1.48 and a beta of 1.19. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.87.

Basf (OTCMKTS:BASFY) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 EPS for the quarter. Basf had a return on equity of 6.63% and a net margin of 0.78%. The firm had revenue of $17.30 billion during the quarter. Equities analysts forecast that Basf will post 0.84 EPS for the current fiscal 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.