Basf Se (BASFY) Given Average Recommendation of “Buy” by Analysts

Basf Se (NASDAQ:BASFY) has been given a consensus broker rating score of 2.00 (Buy) from the five brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have given a strong buy recommendation to the company.

Analysts have set a one year consensus target price of $28.90 for the company and are predicting that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also assigned Basf Se an industry rank of 68 out of 265 based on the ratings given to its competitors.

Several equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of Basf Se from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Berenberg Bank raised shares of Basf Se from a “sell” rating to a “hold” rating in a research report on Monday, July 31st.

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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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