Shares of Basf Se (OTCMKTS:BASFY – Get Free Report) have earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.
Several equities research analysts have weighed in on BASFY shares. Berenberg Bank upgraded shares of Basf to a “strong-buy” rating in a research note on Friday, June 28th. Citigroup upgraded shares of Basf to a “hold” rating in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Basf in a research note on Friday. They set a “neutral” rating for the company.
Basf Stock Performance
Basf (OTCMKTS:BASFY – Get Free Report) last issued its earnings results on Friday, July 26th. The basic materials company reported $0.25 EPS for the quarter. The business had revenue of $17.34 billion for the quarter. Basf had a negative net margin of 0.04% and a positive return on equity of 6.36%. Research analysts forecast that Basf will post 0.95 EPS for the current year.
Basf Company Profile
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.
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