A number of other brokerages have also recently weighed in on BASFY. Zacks Investment Research cut Basf from a hold rating to a sell rating in a research note on Wednesday, October 31st. Sanford C. Bernstein started coverage on Basf in a research note on Monday, September 24th. They issued a market perform rating for the company. ValuEngine cut Basf from a sell rating to a strong sell rating in a research note on Monday, August 13th. Finally, Barclays cut Basf from an overweight rating to an equal weight rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. Basf presently has an average rating of Hold.
Shares of BASFY opened at $18.21 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.07 and a quick ratio of 1.43. The company has a market capitalization of $66.90 billion, a P/E ratio of 10.01, a price-to-earnings-growth ratio of 1.03 and a beta of 1.18. Basf has a 52-week low of $18.05 and a 52-week high of $30.22.
BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.
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