$3.12
At close: Apr 7, 8:37 AM EDT
$3.21
0.092.88%
After Hours: 8:37 AM EDT
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Braskem Analyst Ratings and Price Targets | NYSE:BAK | Benzinga
Braskem SA has a consensus price target of $12.08 based on the ratings of 4 analysts. The high is $16.75 issued by Scotiabank on May 8, 2023. 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 206.33% upside for Braskem SA from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
UBS
JP Morgan
Scotiabank
1calculated from analyst ratings
Analyst Ratings for Braskem
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 09/18/2024 | Buy Now | 211.53% | UBS | Luiz Carvalho36% | $7.7 → $10 | Upgrade | Neutral → Buy | Get Alert |
| 09/10/2024 | Buy Now | 195.95% | JP Morgan | Ricardo Rezende70% | $10 → $9.5 | Maintains | Neutral | Get Alert |
| 08/20/2024 | Buy Now | — | Citigroup | Gabriel Barra12% | — | Upgrade | Neutral → Buy | Get Alert |
| 05/24/2024 | Buy Now | 211.53% | JP Morgan | Ricardo Rezende70% | $11 → $10 | Maintains | Neutral | Get Alert |
| 07/05/2023 | Buy Now | 242.68% | JP Morgan | Ricardo Rezende70% | $11.5 → $11 | Downgrade | Overweight → Neutral | Get Alert |
| 05/08/2023 | Buy Now | 421.81% | Scotiabank | Ben Isaacson44% | → $16.75 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 08/15/2022 | Buy Now | — | Scotiabank | Ben Isaacson44% | — | Downgrade | Sector Perform → Sector Underperform | Get Alert |
FAQ
What is the target price for Braskem (BAK) stock?
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 211.53% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Braskem (BAK)?
The latest analyst rating for Braskem (NYSE:BAK) was provided by UBS, and Braskem upgraded their buy rating.
When was the last upgrade for Braskem (BAK)?
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.
When was the last downgrade for Braskem (BAK)?
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.
When is the next analyst rating going to be posted or updated for Braskem (BAK)?
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.
Is the Analyst Rating Braskem (BAK) correct?
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 $3.21, which is out of the analyst’s predicted range.
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