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 most optimistic analyst gave a price target of 29.08, implying potential capital gains of 18.69 percent. The most pessimistic analyst gave a price target of 22.55, implying potential capital losses 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 34.27 percent. The average change in earnings estimates over the last 90 days is 40.4 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 16.12 percent. 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, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, BAK hit 25.65 at the highest peak, while it's lowest trading point was 11.05. The current market price is above the trailing year's low by 121.72 percent, 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 market cap of BAK is $9.3 billion. BAK will post this quarters earnings in days, on 0000-00-00.