Basf Se (BASFY) Receives Average Rating of “Buy” from Analysts

Basf Se (NASDAQ:BASFY) has been given an average broker rating score of 2.00 (Buy) from the five analysts that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and two have given a strong buy recommendation to the company. Basf Se’s rating score has declined by 19.8% from three months ago as a result of various analysts’ ratings changes.

Brokerages have set a 12 month consensus target price of $26.13 for the company and are forecasting that the company will post $0.38 EPS for the current quarter, according to Zacks. Zacks has also assigned Basf Se an industry rank of 47 out of 265 based on the ratings given to its competitors.

BASFY has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Basf Se from a “hold” rating to a “sell” rating in a research note on Monday. Berenberg Bank raised shares of Basf Se from a “sell” rating to a “hold” rating in a research note on Monday, July 31st.

Basf Se (BASFY) traded up 1.21% on Wednesday, reaching $26.69. 190,993 shares of the company’s stock traded hands. The firm has a market cap of $24.51 billion and a price-to-earnings ratio of 4.27. Basf Se has a 52-week low of $26.50 and a 52-week high of $106.79.

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Basf Se 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.

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