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

↝ Mixed Outlook for BASF Stocks Amidst Shift in Market Consensus and Earnings

Mixed Outlook for BASF Stocks Amidst Shift in Market Consensus and Earnings
BASF SE is currently receiving a consensus rating of \"Hold\" from Analysts. The new BASF CEO is greeted with a fall in Q1 earnings. Recent data indicate a rise in short interest in BASF of 114.4%. Notably, BASF-Encina have announced a long-term recycled Benzene deal, while BASF is partnering with ENGIE for sustainable biomethane supply. The current valuation of BASF stocks is seen by some as unjustified, with calls for potential corrections tied to weak financials. However, others argue that BASF might be undervalued by 25%. BASF India has witnessed a surge in share prices but the business is struggling to catch up. A quarterly earnings beat has led to analysts updating their models. Yet, outlooks are mixed, with some critics arguing that earnings may drop faster ahead of CEO changeover. BASF has abandoned a billion-euro investment in Indonesia, and there is concern about its investments in battery materials business. Chemical maker BASF India reported a significant Q4 profit jump, the stocks hit a record high.

BASF Stocks News Analytics from Tue, 20 Oct 2015 07:00:00 GMT to Thu, 18 Jul 2024 15:54:59 GMT - Rating 0 - Innovation -2 - Information 7 - Rumor 2

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