BASF (ETR:BAS) stock has seen a myriad of shifts over the past several years. While the company has faced a
14% loss in the last five years and 15% over the last three years, new developments could indicate a turnaround. There is speculation regarding
major changes due to the
emerging European energy crisis. Moreover, financials seem weak despite a rise in the stock, causing anxiety amongst shareholders. Yet, some analysts remain bullish on BASF, with Jefferies and Goldman Sachs upgrading their BASF stock ratings, driven by EBITDA gains and lower cost pressures.
BASF India's stock continues to outperform its sector, despite some recent slumps, while
Goldman Sachs upgrades the stock's rating to Buy. BASF's proposed
dividend cuts for the next four years and structural overhaul have impacted the stock's performance. Despite recent earnings drops and a Q1 earning lull with the new CEO's induction, there's investment hope as
BASF plans for an IPO for its agricultural business. Meanwhile,
BASF India's stocks continue to perform satisfactorily in the sector, indicating potential for long-term growth.
BASF Stocks News Analytics from Mon, 08 Jan 2024 08:00:00 GMT to Fri, 29 Nov 2024 07:51:15 GMT -
Rating -1
- Innovation -2
- Information 3
- Rumor -3
