tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Braskem Faces Credit Downgrade Amidst Petrochemical Industry Challenges

Story Highlights
Braskem Faces Credit Downgrade Amidst Petrochemical Industry Challenges

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Braskem SA ( (BAK) ) is now available.

On September 19, 2025, Braskem S.A. announced that S&P Global Ratings has downgraded its global corporate credit rating to B+ with a negative outlook. The company is actively working on resilience initiatives to counteract the prolonged downturn in the petrochemical industry cycle, aiming to bolster the competitiveness of the Brazilian chemical sector.

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 profitability and high leverage. Technical analysis provides some neutral signals, but valuation remains a concern due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on BAK stock, click here.

More about Braskem SA

Braskem S.A. operates in the petrochemical industry, primarily focusing on the production of thermoplastic resins. The company is a significant player in the Brazilian chemical industry, aiming to enhance its competitiveness amidst industry challenges.

Average Trading Volume: 931,240

Technical Sentiment Signal: Sell

Current Market Cap: $1.38B

Find detailed analytics on BAK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1