Citigroup upgraded Dow Chemical (NYSE:DOW) from Neutral to Buy in a report released today.
- Updated: October 3, 2016
Citigroup has upgraded Dow Chemical (NYSE:DOW) from Neutral to Buy in a report released on 10/03/2016.
Previously on Monday September 05, 2016, Vetr Inc. released a statement about Dow Chemical (NYSE:DOW) increased the target price from $0.00 to $57.48. At the time, this indicated a possible upside of 0.06%.
Just yesterday Dow Chemical (NYSE:DOW) traded 1.31% higher at $51.83. Dow Chemical’s 50-day moving average is $53.06 and its 200-day moving average is $52.20. The last stock price is down 0.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,708,772 shares of DOW traded hands, down from an average trading volume of 5,658,530
Recent Performance Chart
Dow Chemical has 52 week low of $40.26 and a 52 week high of $57.10 with a P/E ratio of 7.67 and has a market cap of $0.
In addition to Citigroup reporting its target price, a total of 16 brokers have issued a report on the stock. The consensus target price is $59.38 with 5 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 8 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Dow Chemical (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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