A report released earlier today by Zacks Investment Research about Dow Chemical Co (NYSE:DOW) raises the target price to $58.00
- Updated: October 9, 2016
Only yesterday Dow Chemical Co (NYSE:DOW) traded -1.12% lower at $52.42. Dow Chemical Co’s 50-day average is $53.07 and its two hundred day average is $52.26. The last close is up 1.39% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Volume of trade was up over the average, with 6,810,064 shares of DOW changing hands over the typical 5,607,280
Zacks Investment Research upped the price target of Dow Chemical Co (NYSE:DOW) to $58.00 stating a potential upside of 0.11%.
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Dow Chemical Co has a price-earnings ratio of 7.74 with a 52 week low of $40.26 and a 52 week high of $57.10 Dow Chemical Co’s market capitalization is presently $0.
A total of 16 equity analysts have issued a ratings update on Dow Chemical Co. 5 brokers rating the stock a strong buy, eight firms rating the stock a buy, eight analysts rating the company a hold, zero brokerages rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $59.38.
About Dow Chemical Co (NYSE:DOW)
The Dow Chemical Company (Dow) is a manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates through five segments: Agricultural Sciences, which consists of Crop Protection and Seeds businesses; Consumer Solutions, which consists of Consumer Care, Dow Automotive Systems and Dow Electronic Materials businesses; Infrastructure Solutions, which consists of a portfolio of businesses utilizing technology to deliver products, such as architectural and industrial coating applications, adhesives, microbial protection for the oil and gas industry, and water technologies; Performance Materials & Chemicals, which consist of Chlor-Alkali and Vinyl, Industrial Solutions and Polyurethanes businesses, and Performance Plastics, which includes Dow Elastomers, Dow Electrical and Telecommunications, Dow Packaging and Specialty Plastics, Energy and Hydrocarbons businesses.
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