Basf (BASFY) Stock Forecast & Price Target

$11.11 +0.06 (+0.54%)

(As of 11/22/2024 ET)

Basf - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 9 Analyst Ratings

Sell
2

Hold
3

Buy
4

Based on 9 Wall Street analysts who have issued ratings for Basf in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 2 have given a sell rating, 3 have given a hold rating, 3 have given a buy rating, and 1 has given a strong buy rating for BASFY.

Consensus Price Target

N/A

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BASFY Analyst Ratings Over Time

Type	Current Forecast 11/25/23 to 11/24/24	1 Month Ago 10/26/23 to 10/25/24	3 Months Ago 8/27/23 to 8/26/24	1 Year Ago 11/25/22 to 11/25/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	0 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	2 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Hold	Hold	Hold	Reduce

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BASFY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BASFY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Basf Stock vs. The Competition

Type	Basf	Basic Materials Companies	S&P 500
Consensus Rating Score	2.33	2.76	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	N/A	117.26% Upside	7.66% Upside
News Sentiment Rating	Neutral News See Recent BASFY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating
11/13/2024	Jefferies Financial Group 2 of 5 stars		Upgrade	Hold ➝ Buy
11/11/2024	The Goldman Sachs Group 2 of 5 stars	G. Fraser Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
10/14/2024	UBS Group 4 of 5 stars	S. Perry Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
10/11/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
10/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Satz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
6/28/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Bray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/15/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Underperform
4/9/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
11/27/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight
10/9/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
6/19/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/20/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Underperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:41 PM ET.

Should I Buy Basf Stock? BASFY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these Basf pros and cons to contact@marketbeat.com.

Basf
Bull Case

Here are some ways that investors could benefit from investing in Basf Se:

Recent upgrade to a "buy" rating by The Goldman Sachs Group indicates positive analyst sentiment, suggesting potential for stock price appreciation.
Current stock price is $11.59, which is near its twelve-month low of $11.02, presenting a potential buying opportunity for investors looking for value.
Strong market capitalization of $41.93 billion reflects the company's stability and ability to weather economic fluctuations.
Diverse operations across six segments, including Chemicals and Agricultural Solutions, provide resilience against market volatility and sector-specific downturns.
Reported revenue of $17.30 billion for the latest quarter demonstrates robust operational performance, which could lead to future growth and profitability.

Basf
Bear Case

Investors should be bearish about investing in Basf Se for these reasons:

Analysts have mixed ratings, with three sell ratings and three hold ratings, indicating uncertainty about the stock's future performance.
High PE ratio of 72.44 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
Net margin of only 0.78% indicates that the company has limited profitability, which may raise concerns about its ability to generate substantial returns.
Recent downgrade from UBS Group from a "buy" to a "neutral" rating reflects a cautious outlook on the stock's short-term performance.
Debt-to-equity ratio of 0.49, while not excessively high, suggests that the company is somewhat reliant on debt financing, which could pose risks in a rising interest rate environment.

BASFY Forecast - Frequently Asked Questions

: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Basf in the last twelve months. There are currently 2 sell ratings, 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BASFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BASFY, but not buy additional shares or sell existing shares.
: According to analysts, Basf's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Basf's stock had 3 upgrades and 1 downgrade by analysts.
: Basf has been rated by research analysts at Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., The Goldman Sachs Group, and UBS Group in the past 90 days.
: Analysts like Basf less than other "basic materials" companies. The consensus rating for Basf is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how BASFY compares to other companies.

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This page (OTCMKTS:BASFY) was last updated on 11/24/2024 by MarketBeat.com Staff

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Basf (BASFY) Stock Forecast & Price Target