Basf (OTCMKTS:BASFY) Rating Reiterated by BNP Paribas

Basf (OTCMKTS:BASFY)‘s stock had its “underperform” rating reissued by BNP Paribas in a research report issued on Monday, MarketBeat reports.

Separately, Redburn Atlantic upgraded Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Basf currently has a consensus rating of “Hold”.

Basf Trading Down 1.9 %

Shares of BASFY opened at $13.36 on Monday. Basf has a 52-week low of $10.66 and a 52-week high of $14.89. The business’s fifty day moving average is $13.39 and its 200-day moving average is $12.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.11 and a current ratio of 1.98. The firm has a market cap of $48.34 billion, a price-to-earnings ratio of 222.70, a PEG ratio of 1.11 and a beta of 1.30.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Friday, February 23rd. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $17.09 billion during the quarter. Basf had a net margin of 0.32% and a return on equity of 6.25%. Equities analysts anticipate that Basf will post 0.85 EPS 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.