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Braskem

BAKNYSE
$6.75
0.274.17%
At Close: -
$6.63
-0.12-1.78%
After Hours: 9:28 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$32.00
Lowest Price Target1
$10.00
Consensus Price Target1
$20.15

Braskem (NYSE:BAK) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Scotiabank
HSBC
Santander
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Braskem

Buy NowGet Alert
05/24/2024Buy Now50.83%JP Morgan
Ricardo Rezende
$11 → $10MaintainsNeutralGet Alert
07/05/2023Buy Now65.91%JP Morgan
Ricardo Rezende
$11.5 → $11DowngradeOverweight → NeutralGet Alert
05/08/2023Buy Now152.64%Scotiabank
Ben Isaacson
→ $16.75UpgradeSector Perform → Sector OutperformGet Alert
08/15/2022Buy NowScotiabank
Ben Isaacson
DowngradeSector Perform → Sector UnderperformGet Alert
01/26/2022Buy Now231.83%HSBC
Lilyanna Yang
→ $22UpgradeHold → BuyGet Alert
12/14/2021Buy Now201.66%Santander
Christian Audi
DowngradeBuy → HoldGet Alert
09/21/2021Buy Now382.65%B of A Securities
Frank McGann
Reinstates → BuyGet Alert

FAQ

Q

What is the target price for Braskem (BAK) stock?

A

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.

Q

What is the most recent analyst rating for Braskem (BAK)?

A

The latest analyst rating for Braskem (NYSE:BAK) was provided by JP Morgan, and Braskem maintained their neutral rating.

Q

When was the last upgrade for Braskem (BAK)?

A

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.

Q

When was the last downgrade for Braskem (BAK)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Braskem (BAK)?

A

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.

Q

Is the Analyst Rating Braskem (BAK) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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