Price Target Update on E.I. du Pont de Nemours and Company (NYSE:DD)

E.I. du Pont de Nemours and Company (NYSE:DD) : The consensus price target for E.I. du Pont de Nemours and Company (NYSE:DD) is $71.44 for the short term with a standard deviation of $5.41. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $80, however, the pessimist price target for the company is $65.

Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm CLSA downgrades its rating on E.I. du Pont de Nemours and Company (NYSE:DD). The rating major has initiated the coverage with underperform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The Analysts at CLSA raises the price target from $62 per share to $70 per share. The rating by the firm was issued on April 27, 2016.

E.I. du Pont de Nemours and Company (NYSE:DD): stock turned positive on Thursday. Though the stock opened at $68.7, the bulls momentum made the stock top out at $69.21 level for the day. The stock recorded a low of $68.49 and closed the trading day at $69.21, in the green by 1.67%. The total traded volume for the day was 2,156,097. The stock had closed at $68.07 in the previous days trading.

The company shares have rallied 8.36% from its 1 Year high price. On Dec 9, 2015, the shares registered one year high at $75.72 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $66.25 and the 200 Day Moving Average price is recorded at $63.32. On the companys insider trading activities,The officer (Executive Vice President) of Dupont E I De Nemours & Co, Doyle Christopher Marc sold 1,325 shares at $63 on March 8, 2016. The Insider selling transaction had a total value worth of $83,475. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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