Group 1 - Braskem (BAK) closed at $5.04, with a 32.6% gain over the past four weeks, and a mean price target of $8.23 suggests a 63.3% upside potential [1] - The average price targets range from a low of $5.40 to a high of $10, with a standard deviation of $2.22, indicating variability among analysts [2] - Analysts show strong agreement on BAK's ability to report better earnings, which supports the potential for stock upside [4][9] Group 2 - The Zacks Consensus Estimate for the current year has increased by 200% over the past month, indicating positive earnings revisions [10] - BAK holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact gains, they can indicate the direction of price movement [12]
Does Braskem (BAK) Have the Potential to Rally 63.29% as Wall Street Analysts Expect?