Basf Se (OTCMKTS:BASFY) Given Average Recommendation of “Hold” by Brokerages

Shares of Basf Se (OTCMKTS:BASFY) have received an average recommendation of “Hold” from the six analysts that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company.

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Basf from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Citigroup assumed coverage on shares of Basf in a report on Wednesday, October 15th. They set a “buy” rating on the stock. Berenberg Bank downgraded shares of Basf from a “hold” rating to a “sell” rating in a report on Tuesday, October 14th. Finally, Zacks Research upgraded shares of Basf from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th.

Basf Trading Down 1.1%

OTCMKTS:BASFY opened at $12.94 on Monday. Basf has a 1 year low of $10.57 and a 1 year high of $14.76. The stock’s fifty day moving average price is $12.58 and its two-hundred day moving average price is $12.65. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.01. The company has a market cap of $46.20 billion, a P/E ratio of 129.41 and a beta of 0.85.

Basf Company Profile

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.