Dow Chemical Company (The) (NYSE:DOW) : The most positive equity analysts on Dow Chemical Company (The) (NYSE:DOW) expects the shares to touch $65, whereas, the least positive believes that the stock will trade at $47 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $56.8 with an expected fluctuation of $5.65 from the mean.
Other Equity analysts have also commented on the company shares. Brokerage firm Citigroup maintains its rating on Dow Chemical Company (The) (NYSE:DOW). As per the latest information, the brokerage house raises the price target to $55 per share from a prior target of $50. The shares have been rated Neutral. The rating by the firm was issued on April 18, 2016.
Dow Chemical Company (The) (NYSE:DOW): stock turned positive on Thursday. Though the stock opened at $53.75, the bulls momentum made the stock top out at $53.9401 level for the day. The stock recorded a low of $53.5 and closed the trading day at $53.68, in the green by 0.86%. The total traded volume for the day was 7,600,715. The stock had closed at $53.22 in the previous days trading.
On the companys insider trading activities, Ruiz Fernando, officer (Corporate VP & Treasurer) of Dow Chemical Co /De/, unloaded 20,000 shares at an average price of $52.35 on November 3, 2015. The total amount of the transaction was worth $1,047,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals and Performance Plastics. The Company serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, oil and gas, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.