Short Term Price Target on E.I. du Pont de Nemours and Company (DD)

E.I. du Pont de Nemours and Company (NYSE:DD) : Currently there are 9 street experts covering E.I. du Pont de Nemours and Company (NYSE:DD) stock. The most bullish and bearish price target for the stock is $80 and $64 respectively for the short term. The average price target of all the analysts comes to $70.78. The estimated standard deviation from the target is $5.95.

E. I. du Pont de Nemours and Company has lost 6.37% in the last five trading days and dropped 2.41% in the last 4 weeks. E. I. du Pont de Nemours and Company is up 1.99% in the last 3-month period. Year-to-Date the stock performance stands at -1.5%. Also, In a research note released to the investors, CLSA downgrades its rating on E.I. du Pont de Nemours and Company (NYSE:DD).The analysts at the brokerage house have a current rating of Underperform on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. In a recent information released to the investors, CLSA raises the new 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) : 4 brokerage houses believe that E.I. du Pont de Nemours and Company (NYSE:DD) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on E.I. du Pont de Nemours and Company (NYSE:DD). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.36.

E.I. du Pont de Nemours and Company (NYSE:DD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $63.96 and $63.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $65.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $64.80, notching a gain of 1.35% for the day. The total traded volume was 4,671,930 . The stock had closed at $63.94 on the previous day.

In an insider trading activity, The officer (Executive Vice President), of Dupont E I De Nemours & Co, Doyle Christopher Marc had unloaded 1,325 shares at $63 per share in a transaction on March 8, 2016. The total value of transaction was $83,475. The Insider information was revealed by 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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