Basf (BASFY) Cut to “Neutral” at UBS

Basf (OTCMKTS:BASFY) was downgraded by equities research analysts at UBS from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday.

BASFY has been the topic of several other reports. Zacks Investment Research downgraded Basf from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Goldman Sachs Group upgraded Basf from a “sell” rating to a “neutral” rating in a research report on Thursday, September 28th. Berenberg Bank upgraded Basf from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. Finally, ValuEngine downgraded Basf from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. Basf presently has an average rating of “Hold” and an average target price of $31.00.

Basf (OTCMKTS:BASFY) opened at $27.73 on Thursday. The stock has a market capitalization of $101,788.17, a price-to-earnings ratio of 16.84, a PEG ratio of 1.75 and a beta of 1.07. Basf has a 52 week low of $21.40 and a 52 week high of $28.60. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.44.

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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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