Basf Se (OTCMKTS:BASFY – Get Free Report) has been assigned an average rating of “Reduce” from the six analysts that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have issued a buy recommendation on the company.
Several brokerages have commented on BASFY. Redburn Atlantic raised shares of Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. BNP Paribas reissued an “underperform” rating on shares of Basf in a research report on Monday, April 15th.
Get Our Latest Stock Report on Basf
Basf Stock Up 0.5 %
Basf (OTCMKTS:BASFY – Get Free Report) last posted its earnings results on Thursday, April 25th. The basic materials company reported $0.46 earnings per share for the quarter. Basf had a net margin of 0.07% and a return on equity of 5.85%. The firm had revenue of $19.06 billion during the quarter. On average, equities research analysts predict that Basf will post 0.87 earnings per share for the current year.
Basf Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, May 10th. Shareholders of record on Monday, April 29th were paid a $0.6594 dividend. The ex-dividend date was Friday, April 26th. This is a positive change from Basf’s previous dividend of $0.64. Basf’s payout ratio is currently 6,500.00%.
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.
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