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Braskem SA ( (BAK) ) has provided an announcement.
On November 11, 2025, Braskem S.A. addressed a request for clarification from the Securities and Exchange Commission of Brazil regarding news about its parent company, Novonor, negotiating the sale of its majority stake to IG4 Capital. Braskem clarified that it is not involved in these negotiations and has no knowledge of the developments, as Novonor has not reported any material progress in discussions. The potential sale could lead to IG4 Capital and Petrobras sharing control of Braskem, pending approval from the Brazilian antitrust body, Cade.
The most recent analyst rating on (BAK) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Braskem SA stock, see the BAK Stock Forecast page.
Spark’s Take on BAK Stock
According to Spark, TipRanks’ AI Analyst, BAK is a Neutral.
Braskem SA’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues, negative profitability, and high financial leverage. Technical analysis shows mixed signals with short-term momentum but potential overbought conditions. Valuation remains unattractive due to ongoing losses and the absence of a dividend yield.
To see Spark’s full report on BAK stock, click here.
More about Braskem SA
Braskem S.A. operates in the petrochemical industry, focusing on the production and distribution of thermoplastic resins. It is a significant player in the Brazilian market and is known for its involvement in the production of chemicals and plastics.
Average Trading Volume: 1,085,895
Technical Sentiment Signal: Sell
Current Market Cap: $1.05B
For an in-depth examination of BAK stock, go to TipRanks’ Overview page.