Shares of Braskem S.A. (NYSE:BAK – Get Ranking) have earned a consensus score of “Maintain” from the 9 analysts which can be presently masking the agency, Marketbeat.com experiences. Two analysts have rated the inventory with a promote suggestion, three have given a maintain suggestion and three have issued a purchase suggestion on the corporate. The typical 12-month value goal amongst analysts which have up to date their protection on the inventory within the final 12 months is $32.40.
BAK has been the subject of plenty of analyst experiences. Howard Weil reduce Braskem from a “sector carry out” score to a “sector underperform” score in a analysis report on Monday, August fifteenth. Scotiabank downgraded Braskem from a “sector carry out” score to a “sector underperform” score in a analysis report on Monday, August fifteenth. Lastly, TheStreet downgraded Braskem from a “b-” score to a “c” score in a analysis report on Friday, August twelfth.
Braskem Inventory Efficiency
Shares of Braskem inventory opened at $12.53 on Friday. The corporate has a present ratio of 1.55, a fast ratio of 0.89 and a debt-to-equity ratio of 5.91. The agency has a market capitalization of $5.66 billion, a P/E ratio of 4.06, a P/E/G ratio of 0.35 and a beta of 1.65. The enterprise has a fifty day easy shifting common of $13.32 and a two-hundred day easy shifting common of $16.32. Braskem has a 12 month low of $11.41 and a 12 month excessive of $26.93.
Hedge Funds Weigh In On Braskem
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A number of hedge funds have lately purchased and bought shares of the enterprise. Cerity Companions LLC purchased a brand new place in shares of Braskem throughout the 2nd quarter value $160,000. Assetmark Inc. grew its place in shares of Braskem by 83.1% throughout the 2nd quarter. Assetmark Inc. now owns 64,038 shares of the corporate’s inventory value $914,000 after shopping for a further 29,055 shares within the final quarter. Veriti Administration LLC grew its place in shares of Braskem by 52.3% throughout the 2nd quarter. Veriti Administration LLC now owns 19,079 shares of the corporate’s inventory value $272,000 after shopping for a further 6,552 shares within the final quarter. Lecturers Retirement System of The State of Kentucky grew its place in shares of Braskem by 16.2% throughout the 1st quarter. Lecturers Retirement System of The State of Kentucky now owns 185,500 shares of the corporate’s inventory value $3,458,000 after shopping for a further 25,800 shares within the final quarter. Lastly, Cetera Advisors LLC bought a brand new stake in shares of Braskem throughout the 1st quarter value $195,000. Institutional traders personal 0.12% of the corporate’s inventory.
Braskem SA, along with its subsidiaries, produces and sells thermoplastic resins. The corporate operates by way of three segments: Brazil, United States and Europe, and Mexico. The Brazil phase produces and sells chemical substances, together with ethylene, polymer and chemical grade propylene, butadiene, butene-1, benzene, toluene, and xylenes merchandise; fuels, comparable to automotive gasoline, liquefied petroleum gasoline, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, comparable to cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins.
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