$8.55
-0.09[-1.04%]
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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 8.19% upside for Braskem SA from these 3 analyst ratings.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 07/05/2023 | BAK | Buy Now | Braskem | $8.55 | 28.65% | JP Morgan | Ricardo Rezende | $11.5 → $11 | Downgrade | Overweight → Neutral | Get Alert |
| 05/08/2023 | BAK | Buy Now | Braskem | $8.55 | 95.91% | Scotiabank | Ben Isaacson | → $16.75 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 08/15/2022 | BAK | Buy Now | Braskem | $8.55 | — | Scotiabank | Ben Isaacson | — | Downgrade | Sector Perform → Sector Underperform | Get Alert |
| 01/26/2022 | BAK | Buy Now | Braskem | $8.55 | 157.31% | HSBC | Lilyanna Yang | → $22 | Upgrade | Hold → Buy | Get Alert |
| 12/14/2021 | BAK | Buy Now | Braskem | $8.55 | 133.92% | Santander | Christian Audi | — | Downgrade | Buy → Hold | Get Alert |
| 09/21/2021 | BAK | Buy Now | Braskem | $8.55 | 274.27% | B of A Securities | Frank McGann | — | Reinstates | → Buy | Get Alert |
| 04/22/2021 | BAK | Buy Now | Braskem | $8.55 | 133.92% | HSBC | Lilyanna Yang | — | Downgrade | Buy → Hold | Get Alert |
FAQ
What is the target price for Braskem (BAK)?
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 28.65% upside). 2 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 JP Morgan, and Braskem downgraded their neutral rating.
When was the last upgrade for Braskem (BAK)?
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.
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 July 5, 2023 so you should expect the next rating to be made available sometime around July 5, 2024.
Is the Analyst Rating Braskem (BAK) correct?
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 $8.55, which is out of the analyst’s predicted range.
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