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Credit Suisse raised price target on Braskem to 22 reals
4 December 2007
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View information about Braskem, news and price targets.
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Credit Suisse raised price target on Braskem, Latin America's largest petrochemical company, from 19 to 22 reals. Analysts expect the company to have the deal, which involves Braskem taking over stakes held by Petrobras in five other petrochemical companies, which will help increase synergies.
New price target means 33% potential to grow from current price.
Current share price of Braskem on the Sao Paulo Stock Exchange: 16.5 reals
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