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Braskem (NYSE:BAK) Sets New 12-Month Low – Here’s What Happened
['Shane Hupp']
Ticker Report
Citigroup downgraded Braskem from a “neutral” rating to a “sell” rating in a research report on Thursday, June 25th.
JPMorgan Chase & Co. downgraded shares of Braskem from an “overweight” rating to a “neutral” rating in a research report on Tuesday, June 30th.
Finally, Zacks Research downgraded shares of Braskem from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th.
Research analysts forecast that Braskem S.A. will post 1.64 earnings per share for the current year.
Braskem Company Profile(Get Free Report)Braskem (NYSE:BAK) is a leading integrated petrochemical company based in São Paulo, Brazil, and holds the distinction of being the largest thermoplastic resins producer in Latin America.