Braskem SA has a consensus price target of $15.65 based on the ratings of 6 analysts. The high is $22 issued by HSBC on January 26, 2022. The low is $9.5 issued by JP Morgan on September 10, 2024. The 3 most-recent analyst ratings were released by UBS, JP Morgan, and JP Morgan on September 18, 2024, September 10, 2024, and May 24, 2024, respectively. With an average price target of $9.83 between UBS, JP Morgan, and JP Morgan, there's an implied 97.46% upside for Braskem SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Braskem (NYSE:BAK) was reported by UBS on September 18, 2024. The analyst firm set a price target for $10.00 expecting BAK to rise to within 12 months (a possible 100.80% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Braskem (NYSE:BAK) was provided by UBS, and Braskem upgraded their buy rating.
The last upgrade for Braskem SA happened on September 18, 2024 when UBS raised their price target to $10. UBS previously had a neutral for Braskem SA.
The last downgrade for Braskem SA happened on July 5, 2023 when JP Morgan changed their price target from $11.5 to $11 for Braskem SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Braskem, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Braskem was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.
While ratings are subjective and will change, the latest Braskem (BAK) rating was a upgraded with a price target of $7.70 to $10.00. The current price Braskem (BAK) is trading at is $4.98, which is out of the analyst’s predicted range.
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