Dow Chemical Company (The) (DOW) : Zacks Investment Research ranks Dow Chemical Company (The) (DOW) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 2.23, which indicates as a Buy.
Dow Chemical Company (The) (DOW) : The highest level Dow Chemical Company (The) (DOW) is projected to reach is $65 for the short term and the lowest estimate is at $47. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $57.7 and the possibility the share price can swing is $5.64.
For the current week, the company shares have a recommendation consensus of Buy. Dow Chemical Company (The) (NYSE:DOW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.55 and $53.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.64, notching a gain of 0.36% for the day. The total traded volume was 5,899,868 . The stock had closed at $53.45 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Ruiz Fernando, officer (Corporate VP & Treasurer) of Dow Chemical Co /De/, had unloaded 20,000 shares at an average price of $52.35 in a transaction dated on November 3, 2015. The total value of the transaction was worth $1,047,000.
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.