Basf Se (BASFY) Receives $31.00 Average PT from Analysts

Shares of Basf Se (OTCMKTS:BASFY) have received an average rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $31.00.

Several research firms recently issued reports on BASFY. Berenberg Bank raised shares of Basf from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd. Zacks Investment Research raised shares of Basf from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Tuesday, November 28th. JPMorgan Chase & Co. downgraded shares of Basf from an “overweight” rating to a “neutral” rating in a research report on Monday, January 8th. ValuEngine downgraded shares of Basf from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, UBS Group downgraded shares of Basf from a “buy” rating to a “neutral” rating in a research report on Thursday, December 7th.

Shares of Basf (BASFY) opened at $29.40 on Friday. Basf has a one year low of $22.98 and a one year high of $30.22. The stock has a market cap of $108,272.78, a price-to-earnings ratio of 18.69, a P/E/G ratio of 1.66 and a beta of 1.08. The company has a current ratio of 1.99, a quick ratio of 1.29 and a debt-to-equity ratio of 0.43.

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Basf Company Profile

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.

Analyst Recommendations for Basf (OTCMKTS:BASFY)

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