Dow Chemical Company (The) (DOW): Price Target and June Short Interest Disclosure

Dow Chemical Company (The) (DOW) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $65 and the lowest price target forecast is $47. The average forecast of all the analysts is $56.3 and the expected standard deviation is $6.04.

Dow Chemical Company (The) (DOW) stated loss of 7,915,640 shares or 32.7% in the short interest. The short interest registered from 24,218,810 on June 15,2016 to 16,303,170 on June 30,2016. In terms of floated shares, the shorted positions stood at 1.5%. The stock has been averaging 9,767,414 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Major Brokerage house, CLSA downgrades its ratings on Dow Chemical Company (The) (NYSE:DOW). According to the latest information available, the shares are now rated Underperform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 6, 2016.


Dow Chemical Company (The) (NYSE:DOW): stock turned positive on Thursday. Though the stock opened at $51.68, the bulls momentum made the stock top out at $52.2025 level for the day. The stock recorded a low of $51.455 and closed the trading day at $51.8, in the green by 1.21%. The total traded volume for the day was 4,909,576. The stock had closed at $51.18 in the previous days trading.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.