Braskem SA Stock News

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Shares of Braskem S.A. (NYSE:BAK) have earned an average recommendation of Hold from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that []

Brazilian state-run oil company Petrobras on Thursday said it has not yet reached a decision on when it will sell its stake in petrochemicals producer Braskem SA but reiterated that it still expects t

Zacks Investment Research lowered shares of Braskem (NYSE:BAK) from a buy rating to a hold rating in a research note released on Monday, Zacks.com reports. According to Zacks, Braskem SA figures as the largest petrochemical operation in Latin America and among the five largest private companies in Brazil. With industrial facilities located in Alagoas, Bahia, [] The post Zacks Investment Research Lowers Braskem (NYSE:BAK) to Hold appeared first on ETF Daily News .

Braskem S.A. (NYSE:BAK) shares rose 6.8% during mid-day trading on Monday following a dividend announcement from the company. The stock traded as high as $22.90 and last traded at $22.89. Approximately 5,034 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 250,405 shares. The stock had previously closed []

Braskem SA ADR (OTCMKTS:BRKMY)s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.69 and traded as high as $24.41. Braskem shares last traded at $23.66, with a volume of 329,047 shares changing hands. The firms 50 day simple moving average is $19.70 []

Braskem S.A. (NYSE:BAK) announced an annual dividend on Monday, December 6th, Wall Street Journal reports. Stockholders of record on Monday, December 13th will be given a dividend of 2.7104 per share on Thursday, December 30th. This represents a dividend yield of 11.6%. The ex-dividend date is Friday, December 10th. Braskem has a dividend payout ratio []

Braskem (NYSE:BAK) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a research note issued on Monday, Zacks.com reports. According to Zacks, Braskem SA figures as the largest petrochemical operation in Latin America and among the five largest private companies in Brazil. With industrial facilities located in Alagoas, Bahia, []

Braskem S.A. (NYSE:BAK) has been given an average recommendation of Buy by the eight research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings []

Braskem S.A. (NYSE:BAK) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 466,100 shares, a growth of 34.1% from the October 31st total of 347,700 shares. Based on an average daily volume of 197,300 shares, the short-interest ratio is currently []

Braskem S.A. (NYSE:BAK)s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $17.69, but opened at $18.59. Braskem shares last traded at $19.35, with a volume of 5,207 shares. A number of equities analysts have commented on BAK shares. Citigroup lifted their price objective on shares of Braskem [] The post Braskem (NYSE:BAK) Shares Gap Up to $17.69 appeared first on ETF Daily News .

Companies covered in the ultra-high molecular weight polyethylene(UHMWPE) market are Celanese Corporation, LyondellBasell Industries N.V., Saudi Arabia Basic Industries Corporation, Asahi Kasei Corporation, DSM, Braskem, DuPont, Mitsui Chemicals Inc, Honeywell International Inc, Teijin Limited, and more players profiled. Companies covered in the ultra-high molecular weight polyethylene(UHMWPE) market are Celanese Corporation, LyondellBasell Industries N.V., Saudi Arabia Basic Industries Corporation, Asahi Kasei Corporation, DSM, Braskem, DuPont, Mitsui Chemicals Inc, Honeywell International Inc, Teijin Limited, and more players profiled.

Zacks Investment Research upgraded shares of Braskem (NYSE:BAK) from a hold rating to a buy rating in a report issued on Wednesday morning, Zacks.com reports. The brokerage currently has $20.00 target price on the stock. According to Zacks, Braskem SA figures as the largest petrochemical operation in Latin America and among the five largest private []

Zacks Investment Research cut shares of Braskem (NYSE:BAK) from a buy rating to a hold rating in a report issued on Tuesday morning, Zacks.com reports. According to Zacks, Braskem SA figures as the largest petrochemical operation in Latin America and among the five largest private companies in Brazil. With industrial facilities located in Alagoas, Bahia, []