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Braskem SA (BAK)

NYSE: BAK · IEX Real-Time Price · USD
22.15 -2.72 (-10.94%)
Sep 20, 2021 2:13 PM EDT - Market open
Market Cap9.90B
Revenue (ttm)11.26B
Net Income (ttm)-1.29B
Shares Out398.03M
EPS (ttm)4.47
PE Ratio4.96
Forward PE6.24
Dividendn/a
Ex-Dividend Daten/a
Volume245,912
Open23.58
Previous Close24.87
Day's Range22.15 - 23.73
52-Week Range7.00 - 26.93
Beta0.91
AnalystsBuy
Price Target24.55 (+10.8%)
Est. Earnings DateNov 9, 2021

About BAK

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells chemicals, including ethylene, polymer and chemical grade propylene, butadiene, butene-1, benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; a...

IndustryChemicals
Founded1972
CEOFernando Musa
CountryBrazil
Stock ExchangeNYSE
Ticker SymbolBAK
Full Company Profile

Financial Performance

In 2020, Braskem's revenue was 58.54 billion, an increase of 11.89% compared to the previous year's 52.32 billion. Losses were -6.69 billion, 163.4% more than in 2019.

Financial numbers in millions BRLFinancial Statements

Analyst Forecast

According to 5 analysts, the average rating for Braskem stock is "Buy." The 12-month stock price forecast is 24.55, which is an increase of 10.84% from the latest price.

Price Target
$24.55
(10.84% upside)
Analyst Consensus: Buy

News

Braskem Announces Partnership with Gelmart International to Provide I'm green™ Bio-Based EVA Polymer for First-of-Its...

SÃO PAULO and PHILADELPHIA, Sept. 16, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas, as well as a mark...

4 days ago - PRNewsWire

Braskem Celebrates One Year Anniversary of Commercial Production at its Newest World Class Polypropylene Production L...

PHILADELPHIA, Sept. 10, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (" Company"), the largest polyolefins producer in the Americas, as well as a market leader and...

1 week ago - PRNewsWire

Braskem Announces New Distribution Partnership with Nexeo Plastics

PHILADELPHIA, Aug. 18, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas, as well as a market leader and p...

1 month ago - PRNewsWire

Petrobras hires JPMorgan as adviser to sell Braskem stake

Brazilian state-run oil firm Petroleo Brasileiro SA has hired JPMorgan Chase & Co as adviser to sell its stake in petrochemical company Braskem SA, three sources familiar with the matter said.

Other symbols:PBR
1 month ago - Reuters

Braskem reports recurring Operating Result in 2Q21 of US$1,776 million, up 40% on 1Q21

Corporate leverage reaches 1.10x at the end of the second quarter of 2021 SÃO PAULO, Aug. 4, 2021 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its ...

1 month ago - PRNewsWire

Braskem's Carbon Fiber Reinforced Polypropylene for 3D Printing Launches in the Ultimaker Marketplace

PHILADELPHIA, July 19, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas and leading producer of biopolyme...

2 months ago - PRNewsWire

Braskem Honored to Receive Responsible Care® Awards by the American Chemistry Council

PHILADELPHIA, June 3, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas and leading producer of biopolymer...

3 months ago - PRNewsWire

Braskem and Vartega Launch New Carbon Fiber Recycling Program for 3D Filament

PHILADELPHIA, Pa. & GOLDEN, Colo.

4 months ago - PRNewsWire

Braskem's 2020 Form 20-F Was Filed

SÃO PAULO, May 13, 2021 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 e BRKM6; NYSE: BAK; LATIBEX: XBRK) announces to its shareholders and the market that filed its Annual Report on Form 20-F ...

4 months ago - PRNewsWire

Braskem reports recurring Operating Result in 1Q21 of US$1,266 million, up 52% on 4Q20

SÃO PAULO, May 5, 2021 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 1Q21.

4 months ago - PRNewsWire

Braskem (BAK) Shows Fast-paced Momentum But Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Braskem (BAK) could be a great choice. It is one of the several stocks that passed thr...

5 months ago - Zacks Investment Research

Why Braskem (BAK) Stock Might be a Great Pick

Braskem (BAK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

5 months ago - Zacks Investment Research

Braskem (BAK) Soars: Stock Adds 6% in Session

Braskem (BAK) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

9 months ago - Zacks Investment Research

Braskem: A Justified Valuation Discount

Braskem: A Justified Valuation Discount

9 months ago - Seeking Alpha

Braskem SA (BAK) CEO Roberto Simoes on Q3 2020 Results - Earnings Call Transcript

Braskem SA (BAK) CEO Roberto Simoes on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

BAK Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Braskem S.A. Investors of Class Action and Lead Plaint...

New York, New York--(Newsfile Corp. - October 26, 2020) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Braskem S.A. ("Braskem" or "the Company...

10 months ago - Newsfile Corp

DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Braskem S.A. and Encourage...

Los Angeles, California--(Newsfile Corp. - October 26, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Braskem S.A. (NY...

10 months ago - Newsfile Corp

BAK Final Deadline Today: Rosen, Trusted National Trial Counsel, Reminds Braskem S.A. Investors of Important October ...

New York, New York--(Newsfile Corp. - October 26, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Braskem S.A. (NYSE: BAK) between May 6, 2016 and July...

10 months ago - Newsfile Corp

BAK FINAL DEADLINE ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Reminds Braskem S.A. Investors of Important October 26 ...

NEW YORK, Oct. 24, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Braskem S.A. (NYSE: BAK) between May 6, 2016 and July 8, 2020, inclusiv...

10 months ago - PRNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Braskem S.A.

LOS ANGELES--(BUSINESS WIRE)---- $BAK #classaction--The Law Offices of Frank R. Cruz reminds investors of the upcoming October 26, 2020 deadline to file a lead plaintiff motion in the class action filed...

10 months ago - Business Wire

BAK Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Braskem S.A. Investors of Class Action and Lead Plaintiff De...

NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Braskem S.A. ("Braskem” or "the Company") (NYSE: BAK) and certain of i...

10 months ago - Business Wire

DEADLINE MONDAY ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Braskem S.A. and En...

Los Angeles, California--(Newsfile Corp. - October 23, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Braskem S.A. ("B...

10 months ago - Newsfile Corp

FINAL DEADLINE ALERT: ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds Braskem S.A. Investors of Important October 26 D...

New York, New York--(Newsfile Corp. - October 22, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Braskem S.A. (NYSE: BAK) between May 6, 2016 and July...

10 months ago - Newsfile Corp

MONDAY DEADLINE NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Braskem S.A. and E...

[DATELINE]The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Braskem S.A. (NYSE: BAK) ("Braskem" or "the Company") for violations ...

10 months ago - Newsfile Corp

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Braskem S.A. (BAK)

LOS ANGELES, Oct. 21, 2020 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming October 26, 2020 deadline to file a lead plaintiff motion in the class action filed on be...

10 months ago - PRNewsWire