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 price target was 29.08, which equates to a potential upside of 18.69 percent. The most pessimistic price target was 22.55, which equates to a potential downside of -7.96 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 34.27 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 40.4 percent. Meanwhile, fiscal year estimates have been revised upwards by 16.12 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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. Today's price is 121.72 percent above the 52-week low, and 4.48 percent lower than its 52-week high. 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 will post this quarters earnings in days, on 0000-00-00.