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

Shares of Basf Se (OTCMKTS:BASFYGet Free Report) have been given an average recommendation of “Reduce” by the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three 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.

BASFY has been the subject of several recent analyst reports. BNP Paribas reiterated an “underperform” rating on shares of Basf in a research note on Monday, April 15th. Redburn Atlantic upgraded shares of Basf from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 9th.

Check Out Our Latest Stock Report on Basf

Basf Stock Performance

OTCMKTS BASFY opened at $12.86 on Wednesday. The company has a fifty day simple moving average of $13.55 and a 200 day simple moving average of $12.96. Basf has a 12-month low of $10.66 and a 12-month high of $14.89. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.47. The company has a market cap of $46.50 billion, a P/E ratio of 1,285.50, a PEG ratio of 1.05 and a beta of 1.24.

Basf (OTCMKTS:BASFYGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $19.06 billion during the quarter. Basf had a net margin of 0.07% and a return on equity of 5.84%. Sell-side analysts predict that Basf will post 0.87 earnings per share for the current fiscal year.

Basf Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 10th. Investors of record on Monday, April 29th were given a dividend of $0.6594 per share. The ex-dividend date of this dividend was Friday, April 26th. This is a positive change from Basf’s previous dividend of $0.64. Basf’s dividend payout ratio is presently 6,500.00%.

About Basf

(Get Free Report

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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Analyst Recommendations for Basf (OTCMKTS:BASFY)

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