It’s been a crucial week for Braskem SA (ADR) (NYSE:BAK); here’s what analysts have to say.

November 14, 2017 - By Richard Conner

 It's been a crucial week for Braskem SA (ADR) (NYSE:BAK); here's what analysts have to say.

Braskem SA (ADR) (NYSE:BAK) Ratings Coverage

Among 4 analysts covering Braskem SA (NYSE:BAK), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Braskem SA had 5 analyst reports since September 21, 2015 according to SRatingsIntel. The company was upgraded on Monday, December 5 by JP Morgan. The company was initiated on Tuesday, October 11 by HSBC. The stock of Braskem SA (ADR) (NYSE:BAK) has “Buy” rating given on Tuesday, May 24 by Bank of America. Below is a list of Braskem SA (ADR) (NYSE:BAK) latest ratings and price target changes.

About 232,010 shares traded. Braskem SA (ADR) (NYSE:BAK) has risen 73.46% since November 14, 2016 and is uptrending. It has outperformed by 56.76% the S&P500.

Braskem S.A. produces thermoplastic resins. The company has market cap of $11.44 billion. The Company’s divisions are Basic petrochemicals, Polyolefins, Vinyls, the United States and Europe, and Chemical distribution. It has a 31.76 P/E ratio. It is also engaged in the import and export of chemicals, petrochemicals and fuels, the production, supply and sale of utilities such as steam, water, compressed air, industrial gases, the provision of industrial services, and the production, supply and sale of electric energy.

More news for Braskem SA (ADR) (NYSE:BAK) were recently published by: Quotes.Wsj.com, which released: “Braskem S/A ADR” on February 11, 2011. Marketwatch.com‘s article titled: “29.58” and published on December 22, 2009 is yet another important article.

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