Braskem
(NYSE:BAK)
Consensus Rating1
Buy
Highest Price Target1
$32.00
Lowest Price Target1
$11.00
Consensus Price Target1
$20.35

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

Braskem SA has a consensus price target of $20.35, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Scotiabank, and Scotiabank on July 5, 2023, May 8, 2023, and August 15, 2022. With an average price target of $9.25 between JP Morgan, Scotiabank, and Scotiabank, there's an implied 0.87% upside for Braskem SA from these 3 analyst ratings.

Analyst Rating
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 published within the last 3 years

Analyst Ratings for Braskem

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
07/05/2023BAKBuy Now
Braskem
$9.1719.96%JP Morgan
Ricardo Rezende
$11.5 → $11DowngradeOverweight → NeutralGet Alert
05/08/2023BAKBuy Now
Braskem
$9.1782.66%Scotiabank
Ben Isaacson
→ $16.75UpgradeSector Perform → Sector OutperformGet Alert
08/15/2022BAKBuy Now
Braskem
$9.17Scotiabank
Ben Isaacson
DowngradeSector Perform → Sector UnderperformGet Alert
01/26/2022BAKBuy Now
Braskem
$9.17139.91%HSBC
Lilyanna Yang
→ $22UpgradeHold → BuyGet Alert
12/14/2021BAKBuy Now
Braskem
$9.17118.1%Santander
Christian Audi
DowngradeBuy → HoldGet Alert
09/21/2021BAKBuy Now
Braskem
$9.17248.96%B of A Securities
Frank McGann
Reinstates → BuyGet Alert
04/22/2021BAKBuy Now
Braskem
$9.17118.1%HSBC
Lilyanna Yang
DowngradeBuy → HoldGet Alert

FAQ

Q

What is the target price for Braskem (BAK)?

A

The latest price target for Braskem (NYSE: BAK) was reported by JP Morgan on July 5, 2023. The analyst firm set a price target for $11.00 expecting BAK to rise to within 12 months (a possible 19.96% upside). 2 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 downgraded 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 July 5, 2023 so you should expect the next rating to be made available sometime around July 5, 2024.

Q

Is the Analyst Rating Braskem (BAK) correct?

A

While ratings are subjective and will change, the latest Braskem (BAK) rating was a downgraded with a price target of $11.50 to $11.00. The current price Braskem (BAK) is trading at is $9.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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