Braskem Responds to Allegations on Rock Salt Exploration

The latest announcement is out from Braskem SA ( (BAK) ).

On October 21, 2025, Braskem S.A. addressed a request from the Brazilian Securities and Exchange Commission for clarification regarding a news report about a complaint filed against the company by the Federal Public Ministry of Alagoas. The complaint, related to the exploration of rock salt in Maceió, was reported on October 19, 2025. Braskem stated that it became aware of the complaint on October 16, 2025, but has not yet accessed its content due to judicial secrecy. The company has been updating stakeholders on the ongoing Federal Police investigation in Alagoas through its financial statements, indicating its commitment to transparency.

The most recent analyst rating on (BAK) stock is a Hold with a $2.50 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 further indicates bearish momentum, with the stock trading below key moving averages. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield.

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

More about Braskem SA

Braskem S.A. is a leading petrochemical company based in Brazil, primarily engaged in the production of thermoplastic resins and other petrochemical products. The company operates in the chemical industry with a focus on sustainable development and innovation in its market offerings.

Average Trading Volume: 1,026,607

Technical Sentiment Signal: Sell

Current Market Cap: $1.02B

See more data about BAK stock on TipRanks’ Stock Analysis page.