Dow Chemical Company (The) (DOW) : 12 analysts are covering Dow Chemical Company (The) (DOW) and their average rating on the stock is 2.33, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Dow Chemical Company (The) (DOW) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Dow Chemical Company (The) (DOW) stock is expected to deviate a maximum of $5.92 from the average target price of $57.44 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $65 and the most muted being $47.
Also, SunTrust Robinson Humphrey maintains its rating on Dow Chemical Company (The) (NYSE:DOW). The global brokerage major raises the current price target from $57 per share to $58 per share. Analysts at the SunTrust Robinson Humphrey have a current rating of Neutral on the shares. The rating by the firm was issued on August 1, 2016.
Dow Chemical Company (The) (NYSE:DOW): After opening at $52.34, the stock dipped to an intraday low of $52.21 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $52.99 and the buying power remained strong till the end. The stock closed at $52.85 for the day, a gain of 0.90% for the day session. The total traded volume was 5,486,825. The stocks close on the previous trading day was $52.38.
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.