Basf Se (BASFY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Basf Se (OTCMKTS:BASFY) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning, The Fly reports.

A number of other analysts have also issued reports on BASFY. Zacks Investment Research lowered Basf Se from a buy rating to a hold rating in a report on Thursday, September 14th. Goldman Sachs Group Inc raised Basf Se from a sell rating to a neutral rating in a report on Thursday, September 28th. Finally, ValuEngine lowered Basf Se from a buy rating to a hold rating in a report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Basf Se currently has a consensus rating of Hold and a consensus price target of $31.00.

Shares of Basf Se (BASFY) opened at $28.39 on Wednesday. The stock has a market capitalization of $100,630.86, a P/E ratio of 16.65, a price-to-earnings-growth ratio of 1.93 and a beta of 1.06. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.44. Basf Se has a fifty-two week low of $20.61 and a fifty-two week high of $105.42.

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About Basf Se

BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.

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