Analyst Ratings for Braskem S/A ADR (BAK)Updated: 2017-07-27
An average rating of Buy has been given to Braskem S/A ADR (NYSE:BAK) by analysts covering the stock. Last month, BAK received an average rating of Overweight.
A buy rating was issued by 6 analysts, 0 issued an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for BAK. The highest price target was 29.08, implying a possible profit of 18.69 percent. The minimum price target given was 22.55, which equates to a potential downside of -7.96 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 34.27 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 40.4 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 16.12 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 9 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
BAK has a 52-week high of 25.65 and a 52-week low of 11.05. Today's price is 121.72 percent above the 52-week low, and 4.48 percent below the high. BAK has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The BAK value stock report compares BAK to some of its peers using value stock charts. The stock has a market capitalization of $9.3 billion. BAK will post this quarters earnings in days, on 0000-00-00.