LANDESBANK BADEN-WUERTTEMBERG has upgraded
BASF SE (BIT:1BAS) and
BASF SE (BFFAF). Despite this, concerns abound over a possible undervaluation of
BASF (BASFY) stocks. BASF has recently pulled its investment plans in Chile due to an EV slowdown, declaring force majeure on some supplies due to fire. Still,
BASF shares have enjoyed a rally, gaining 32% in two days, exhibiting strong performance in Q1 alongside BASF India and Triveni Turbine. However, a disappointing Q1 has welcomed the new CEO of BASF, leading to possible shrinking investor optimism.
BASF's expansion into South America suggests growth, although their shared financial prospects look bleak. On the upside,
BASF India's stocks have had a strong run, the market rallying with robust financials could catalyze a market correction. There is ambivalence surrounding BASF's current valuation due to possible undervaluation and the performance of
BASF's dividend. The company has recently made strategic partnerships with ENGIE and Encina for a sustainable future, but negative events such as fires and EV slow-downs have caused concern.
BASF Stocks News Analytics from Mon, 10 Dec 2018 08:00:00 GMT to Sat, 10 Aug 2024 16:51:33 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3
