Braskem SA has a consensus price target of $20.15 based on the ratings of 5 analysts. The high is $32 issued by B of A Securities on September 21, 2021. The low is $10 issued by JP Morgan on May 24, 2024. The 3 most-recent analyst ratings were released by JP Morgan, JP Morgan, and Scotiabank on May 24, 2024, July 5, 2023, and May 8, 2023, respectively. With an average price target of $12.58 between JP Morgan, JP Morgan, and Scotiabank, there's an implied 89.79% upside for Braskem SA from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/24/2024 | Buy Now | 50.83% | JP Morgan | Ricardo Rezende | $11 → $10 | Maintains | Neutral | Get Alert |
07/05/2023 | Buy Now | 65.91% | JP Morgan | Ricardo Rezende | $11.5 → $11 | Downgrade | Overweight → Neutral | Get Alert |
05/08/2023 | Buy Now | 152.64% | Scotiabank | Ben Isaacson | → $16.75 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
08/15/2022 | Buy Now | — | Scotiabank | Ben Isaacson | — | Downgrade | Sector Perform → Sector Underperform | Get Alert |
01/26/2022 | Buy Now | 231.83% | HSBC | Lilyanna Yang | → $22 | Upgrade | Hold → Buy | Get Alert |
12/14/2021 | Buy Now | 201.66% | Santander | Christian Audi | — | Downgrade | Buy → Hold | Get Alert |
09/21/2021 | Buy Now | 382.65% | B of A Securities | Frank McGann | — | Reinstates | → Buy | Get Alert |
The latest price target for Braskem (NYSE:BAK) was reported by JP Morgan on May 24, 2024. The analyst firm set a price target for $10.00 expecting BAK to rise to within 12 months (a possible 50.83% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Braskem (NYSE:BAK) was provided by JP Morgan, and Braskem maintained their neutral rating.
The last upgrade for Braskem SA happened on May 8, 2023 when Scotiabank raised their price target to $16.75. Scotiabank previously had a sector perform 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 May 24, 2024 so you should expect the next rating to be made available sometime around May 24, 2025.
While ratings are subjective and will change, the latest Braskem (BAK) rating was a maintained with a price target of $11.00 to $10.00. The current price Braskem (BAK) is trading at is $6.63, which is out of the analyst’s predicted range.
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