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

Shares of Basf Se (OTCMKTS:BASFY) have earned an average rating of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts have recently commented on the company. Citigroup restated a “buy” rating on shares of Basf in a report on Thursday, September 3rd. Kepler Capital Markets upgraded Basf from a “hold” rating to a “buy” rating in a report on Thursday, June 11th.

Basf Stock Performance

OTCMKTS:BASFY opened at $14.99 on Wednesday. The company has a 50 day simple moving average of $14.76 and a two-hundred day simple moving average of $14.66. The company has a market capitalization of $53.52 billion, a PE ratio of 7.73, a P/E/G ratio of 1.10 and a beta of 0.74. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.19 and a current ratio of 1.85. Basf has a fifty-two week low of $11.93 and a fifty-two week high of $16.25.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.13. Basf had a net margin of 9.40% and a return on equity of 5.66%. The business had revenue of $19.99 billion during the quarter, compared to analysts’ expectations of $18.85 billion. Research analysts anticipate that Basf will post 0.82 earnings per share for the current year.

About Basf

BASF SE is a Germany-based chemical company headquartered in Ludwigshafen. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by industrial, commercial and consumer customers worldwide. Its portfolio supports industries including automotive, construction, agriculture, electronics, energy, food and personal care.

BASF’s products include basic and specialty chemicals, plastics and performance materials, coatings, catalysts, battery materials, ingredients for nutrition and personal care, and crop protection products and seeds.