Basf Se (OTCMKTS:BASFY – Get Free Report) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company.
Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Basf in a report on Friday, March 7th. Berenberg Bank downgraded shares of Basf from a “buy” rating to a “hold” rating in a research report on Tuesday, February 18th.
Read Our Latest Report on Basf
Basf Price Performance
Basf (OTCMKTS:BASFY – Get Free Report) last posted its earnings results on Friday, February 28th. The basic materials company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The business 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%. As a group, sell-side analysts predict that Basf will post 0.83 earnings per share for the current fiscal 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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