Analyst Price Target is $29.00
▲ +53.68% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Braskem in the last 3 months. The average price target is $29.00, with a high forecast of $68.00 and a low forecast of $14.00. The average price target represents a 53.68% upside from the last price of $18.87.
Current Consensus is
The current consensus among 8 polled investment analysts is to hold stock in Braskem. This rating has held steady since November 2021, when it changed from a Buy consensus rating.
Braskem SA engages in the manufacture of petrochemicals and other related products. It operates through the following segments: Brazil, USA, and Europe and Mexico. The Brazil segment includes production and sale of chemicals, supply of electricity, and production and sale of PE. The USA and Europe segment involves production, operation, and sale of polypropylene in the United States and Germany. The Mexico segment comprises production, operation, and sale of ethylene, high-density polyethylene and low-density polyethylene in Mexico. The company was founded in August 2002 and is headquartered in Butanta, Brazil.