Braskem (BAK) Earns Media Sentiment Score of 0.09
Media headlines about Braskem (NYSE:BAK) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Braskem earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 45.6627311422441 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Braskem (NYSE BAK) traded up $0.09 during trading on Wednesday, reaching $29.39. 10,200 shares of the company’s stock were exchanged, compared to its average volume of 433,882. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.58 and a current ratio of 0.86. Braskem has a 12-month low of $17.44 and a 12-month high of $33.73.
Several analysts have issued reports on BAK shares. Zacks Investment Research lowered shares of Braskem from a “hold” rating to a “strong sell” rating in a research report on Monday, December 18th. UBS Group upgraded shares of Braskem from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.00.
Braskem Company Profile
Braskem SA produces thermoplastic resins. The Company’s segments are Basic petrochemicals, Polyolefins, Vinyls, the United States and Europe, and Chemical distribution. It is also engaged in the import and export of chemicals, petrochemicals and fuels, the production, supply and sale of utilities such as steam, water, compressed air, industrial gases, the provision of industrial services, and the production, supply and sale of electric energy.
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