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.
Investment analysts gave a few 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 34.27 percent on average, compared to last month. That number becomes 40.4 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 16.12 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 9 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, BAK has achieved a high of 25.65 and a low of 11.05. The current market price is above the trailing year's low by 121.72 percent, and below the high by 4.48 percent. BAK has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.