The information that Bloomberg.com provided indicates that the ten rating agencies following Basf Se (OTCMKTS: BASFY) have given the stock an average rating of “Hold.” Two experts polled by an equity research firm suggested purchasing additional company stock shares.
In contrast, six analysts polled suggested maintaining their current stock holdings.
Two of the experts suggested selling the stock.
As determined by analysts who have covered the stock in the preceding year, the price target for one year is now set at an average of $60.00.
This target was determined by analysts who covered the stock in the preceding year.
On February 24th, the most recent quarterly earnings report for Basf (OTCMKTS: BASFY) was made public for investors to view.
The average prediction for earnings per share for the quarter was $0.05, but the company that deals in basic materials only reported $0.02 for itself, which is $0.03 less than anticipated.
The return on equity for BASF was positive, coming in at 13.73%, while the net margin was negative and came in at 0.47%.
The company recorded sales totaling $19.73 billion during the relevant period.
The sell-side analysts working for Basf anticipate that the company will generate $1.18 per share earnings during the current fiscal year.
OTCMKTS: BASFY began trading on Friday at $11.93.
The price of a share of the company’s stock has averaged $13.65 over the past fifty days, while over the past 200 days, it has traded at $12.28. Over the previous twelve months, the cost of Basf ranged from a low of $9.01 to a high of $15.39.
The debt-to-equity ratio comes in at 0.32, the quick ratio at 1002, and the current ratio at 1.72.
The company possesses a price-to-earnings ratio of -91.77, a beta value of 1.23, and a market capitalization of $43.16 billion.
In a separate research study released on Friday, January 20th, Credit Suisse Group downgraded the “outperform” rating it had previously assigned to BASf shares to an “underperform” rating.
Chemical goods are produced and sold by BASF SE, which also operates as a manufacturer.
This company specializes in a variety of different areas of business, including but not limited to the following: chemicals, materials, industrial solutions, surface technology, nutrition and care, and agricultural solutions.
The Chemicals Sector is in charge of the production of intermediates in addition to the production of petrochemicals.
Isocyanates, polyamides, fundamental inorganic materials, and specialized items for the plastics and plastics processing industries are all products that fall under the umbrella term “materials.”