BASF SE (BASFY)

[TRUISM]

Basf Se Rating Lowered To Hold At Bankhaus Lampe (BASFY)
Posted by Hossein Forouzandeh on Apr 19th, 2015
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Basf Se (OTCMKTS:BASFY) was downgraded by stock analysts at Bankhaus Lampe to a “hold” rating in a report issued on Friday.

Several other analysts have also recently commented on the stock. Analysts at Commerzbank AG downgraded shares of Basf Se to a “hold” rating in a research note on Tuesday, March 3rd. Analysts at Berenberg Bank downgraded shares of Basf Se to a “sell” rating in a research note on Tuesday, February 3rd.

Finally, analysts at Nomura downgraded shares of Basf Se to a “reduce” rating in a research note on Monday, January 26th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Basf Se has a consensus rating of “Hold”.

Shares of Basf Se (OTCMKTS:BASFY) opened at 96.60 on Friday. Basf Se has a 52-week low of $79.00 and a 52-week high of $119.71. The stock’s 50-day moving average is $98. and its 200-day moving average is $90..

Basf Se (OTCMKTS:BASFY) last released its earnings data on Friday, February 27th. The company reported $1.17 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.25 by $0.08.

Analysts expect that Basf Se will post $5.85 EPS for the current fiscal year.

BASF SE is a Germany-based chemical company. It diversifies its activities into five businesssegments: Chemicals, providing basic products and specialties including nitric acid and methanol, among others; Performance Products, providing products for the coatings and paints industry, cosmetics, detergents, products for the paper industry and performance chemicals, among others; Functional Materials & Solutions that develops coating products, catalysts and construction chemicals, among others; Agricultural Solutions, providing active ingredients and formulations for the improvement of crop health and yields, and Oil & Gas segment (OTCMKTS:BASFY).







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