icon
0%

BASF Stocks - News Analyzed: 3,566 - Last Week: 94 - Last Month: 480

↝ Sharp Drop In Short Interest Boosts Optimism Despite Mixed Ratings For BASF Stocks

Sharp Drop In Short Interest Boosts Optimism Despite Mixed Ratings For BASF Stocks
Recent updates state a significant 83.9% decrease in Short Interest in BAS. Along with this, some market analysts suggest it's time to consider buying BASF SE due to potential underselling. However, other analysts have given BASFY a Consensus Rating of 'Reduce'. Despite these mixed reviews, it continues to be seen as a top dividend stock. Possible changes are being considered to potentially cut jobs in their battery materials plant. Yet BASF is also extending Basoflux production capacity in Tarragona and has maintained its 2024 outlook despite a Q1 sales dip. The firm has revealed a New Natural Flavor in its Isobionics Portfolio, and also the Loopamid, a recycled nylon developed with Inditex. However, there is worry concerning its financial prospects and a somewhat strained balance sheet. An intrinsic calculation for the chemical giant suggests it could be 26% undervalued. Despite a slight slump in Q1 earnings, overall performance has kept BASF's popularity amongst investors intact.

BASF Stocks News Analytics from Tue, 01 May 2018 07:00:00 GMT to Wed, 29 May 2024 14:55:55 GMT - Rating -1 - Innovation 1 - Information 4 - Rumor -3

The email address you have entered is invalid.