Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of "Hold" from Analysts

Shares of Basf Se (OTCMKTS:BASFY - Get Free Report) have received a consensus rating of "Hold" from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company.

A number of equities research analysts recently commented on the stock. Berenberg Bank cut shares of Basf from a "buy" rating to a "hold" rating in a research report on Tuesday, February 18th. JPMorgan Chase & Co. lowered Basf from a "neutral" rating to an "underweight" rating in a report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Basf in a report on Friday, March 7th.

Basf Stock Up 2.1 %

Shares of BASFY traded up $0.24 during trading hours on Wednesday, hitting $11.80. The company had a trading volume of 368,969 shares, compared to its average volume of 266,582. Basf has a 52-week low of $10.57 and a 52-week high of $14.76. The firm has a fifty day moving average price of $12.91 and a 200-day moving average price of $12.15. The stock has a market capitalization of $42.13 billion, a price-to-earnings ratio of 73.75, a P/E/G ratio of 2.30 and a beta of 1.09. 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 - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The basic materials company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.05. The firm had revenue of $16.92 billion for the quarter, compared to analysts' expectations of $15.72 billion. Basf had a return on equity of 6.63% and a net margin of 0.78%. On average, equities research analysts forecast that Basf will post 0.83 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.