Basf Se (BASFY) Receives Consensus Recommendation of “Hold” from Brokerages

Basf Se (OTCMKTS:BASFY) has received a consensus rating of “Hold” from the eight brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company.

Several equities research analysts have recently issued reports on BASFY shares. ValuEngine lowered Basf from a “sell” rating to a “strong sell” rating in a research report on Monday, August 13th. Sanford C. Bernstein started coverage on Basf in a research report on Monday, September 24th. They set a “market perform” rating for the company. Finally, Zacks Investment Research raised Basf from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th.

Shares of OTCMKTS:BASFY opened at $21.58 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.43 and a debt-to-equity ratio of 0.47. Basf has a 1-year low of $21.42 and a 1-year high of $30.22. The firm has a market cap of $81.60 billion, a price-to-earnings ratio of 11.85, a P/E/G ratio of 1.18 and a beta of 1.13.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings data on Friday, July 27th. The basic materials company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.02). Basf had a net margin of 9.32% and a return on equity of 17.47%. The company had revenue of $20.02 billion for the quarter. As a group, sell-side analysts forecast that Basf will post 1.99 earnings per share for the current year.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.

Further Reading: How to calculate the intrinsic value of a stock

Analyst Recommendations for Basf (OTCMKTS:BASFY)

Receive News & Ratings for Basf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply