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

Basf Se (OTCMKTS:BASFYGet Rating) has earned an average rating of “Hold” from the twelve brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $68.58.

BASFY has been the subject of several research analyst reports. Morgan Stanley reduced their price objective on Basf from €76.00 ($79.17) to €64.00 ($66.67) in a report on Thursday, March 31st. Zacks Investment Research downgraded Basf from a “hold” rating to a “sell” rating in a report on Friday, April 15th. Stifel Nicolaus downgraded Basf from a “buy” rating to a “hold” rating in a report on Wednesday, April 13th. JPMorgan Chase & Co. cut their price target on Basf from €80.00 ($83.33) to €76.50 ($79.69) and set an “overweight” rating for the company in a research note on Tuesday, March 1st. Finally, HSBC upgraded Basf from a “hold” rating to a “buy” rating in a research note on Monday, March 28th.

BASFY opened at $12.95 on Friday. The stock has a 50-day moving average price of $13.85 and a 200-day moving average price of $16.36. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.75 and a quick ratio of 1.05. The firm has a market cap of $47.56 billion, a PE ratio of 8.09, a P/E/G ratio of 0.57 and a beta of 1.18. Basf has a 1 year low of $12.32 and a 1 year high of $21.00.

Basf (OTCMKTS:BASFYGet Rating) last released its quarterly earnings data on Friday, February 25th. The basic materials company reported $0.33 EPS for the quarter. Basf had a return on equity of 16.54% and a net margin of 6.14%. The company had revenue of $22.62 billion during the quarter. As a group, sell-side analysts anticipate that Basf will post 1.43 EPS for the current year.

The business also recently disclosed a dividend, which was paid on Monday, May 16th. Investors of record on Tuesday, May 3rd were paid a dividend of $0.6673 per share. The ex-dividend date of this dividend was Monday, May 2nd. This represents a dividend yield of 4.91%. Basf’s dividend payout ratio (DPR) is presently 40.00%.

Basf Company Profile (Get Rating)

BASF SE operates as a chemical company worldwide. The company 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, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.

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Analyst Recommendations for Basf (OTCMKTS:BASFY)

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