BAK stock icon

Braskem
BAK

$6.75
4.17%

Market Cap: 2.69B

 

About: Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of its revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene, and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.

Employees: 8,569

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

90% more capital invested

Capital invested by funds: $46.5M [Q4 2023] → $88.3M (+$41.9M) [Q1 2024]

42% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 12

0.91% more ownership

Funds ownership: 1.52% [Q4 2023] → 2.42% (+0.91%) [Q1 2024]

13% less funds holding

Funds holding: 56 [Q4 2023] → 49 (-7) [Q1 2024]

41% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 17

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$10
48%
upside
Avg. target
$10
48%
upside
High target
$10
48%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
JP Morgan
Ricardo Rezende
48%upside
$10
Neutral
Maintained
24 May 2024

Financial journalist opinion