Braskem S.A. (NYSE:BAK) Receives Average Recommendation of “Strong Sell” from Brokerages

Posted by Stanley Muller on Oct 2nd, 2026

Braskem S.A. (NYSE:BAK – Get Free Report) has been given an average rating of “Strong Sell” by the nine ratings firms that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $2.56.

A number of research analysts recently commented on BAK shares. JPMorgan Chase & Co. lowered Braskem from an “overweight” rating to a “neutral” rating in a research note on Tuesday, June 30th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Braskem in a research note on Friday, July 17th. Citigroup lowered shares of Braskem from a “neutral” rating to a “sell” rating in a report on Thursday, June 25th. HSBC downgraded shares of Braskem from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $6.50 to $1.50 in a report on Monday. Finally, UBS Group cut shares of Braskem from a “neutral” rating to a “sell” rating and lowered their target price for the company from $4.00 to $1.50 in a research note on Tuesday, September 15th.

Get Our Latest Stock Analysis on Braskem

Braskem Stock Performance

NYSE BAK opened at $1.55 on Friday. Braskem has a twelve month low of $1.40 and a twelve month high of $5.39. The stock has a market cap of $619.82 million, a PE ratio of -0.64, a PEG ratio of 0.09 and a beta of 1.56. The firm has a 50-day simple moving average of $1.94 and a 200 day simple moving average of $3.00.

Braskem (NYSE:BAK – Get Free Report) last announced its quarterly earnings data on Friday, June 26th. The company reported $1.61 EPS for the quarter. Braskem had a negative return on equity of 67.75% and a negative net margin of 7.28%.The company had revenue of $4.20 billion during the quarter. Research analysts forecast that Braskem will post 1.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Braskem

A number of institutional investors have recently added to or reduced their stakes in BAK. Engineers Gate Manager LP grew its stake in shares of Braskem by 192.8% in the 2nd quarter. Engineers Gate Manager LP now owns 68,198 shares of the company’s stock valued at $166,000 after purchasing an additional 44,905 shares during the period. Citadel Advisors LLC bought a new position in shares of Braskem during the 2nd quarter worth approximately $89,000. Ramsey Quantitative Systems acquired a new stake in Braskem in the 2nd quarter valued at $155,000. Bank of America Corp DE boosted its stake in Braskem by 178,471.4% in the 1st quarter. Bank of America Corp DE now owns 50,000 shares of the company’s stock valued at $183,000 after buying an additional 49,972 shares in the last quarter. Finally, Brooklands Fund Management Ltd bought a new stake in Braskem in the first quarter valued at $2,013,000.

About Braskem

(Get Free Report)

Braskem SA is a Brazilian petrochemical company headquartered in São Paulo. Established in 2002 through the combination of Odebrecht Química and the petrochemical company Copene, Braskem has developed into one of Latin America’s major producers of thermoplastic resins and basic petrochemicals.

The company manufactures polyethylene, polypropylene and polyvinyl chloride (PVC), which are used in packaging, construction, automotive components, consumer goods and other industrial applications.