Basf Se (OTCMKTS:BASFY) Receives Average Rating of “Hold” from Analysts

Shares of Basf Se (OTCMKTS:BASFY) have been given an average rating of “Hold” by the six research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company.

Several research firms have recently issued reports on BASFY. Citigroup assumed coverage on shares of Basf in a report on Wednesday, October 15th. They issued a “buy” rating for the company. Deutsche Bank Aktiengesellschaft lowered Basf from a “buy” rating to a “hold” rating in a research note on Monday, November 24th. Berenberg Bank downgraded Basf from a “hold” rating to a “sell” rating in a research note on Tuesday, October 14th. Finally, Zacks Research upgraded Basf from a “strong sell” rating to a “hold” rating in a report on Friday, October 10th.

Basf Trading Up 0.8%

OTCMKTS:BASFY opened at $13.17 on Monday. Basf has a 1 year low of $10.57 and a 1 year high of $14.76. The business has a fifty day moving average of $12.57 and a 200-day moving average of $12.64. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.01 and a current ratio of 1.82. The stock has a market cap of $47.02 billion, a price-to-earnings ratio of 131.71 and a beta of 0.85.

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.