Dow Chemical Company (The) (DOW) Receives Price Target

Dow Chemical Company (The) (DOW) : The highest short term price target forecast on Dow Chemical Company (The) (DOW) is $65 and the lowest target price is $47. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $57.44 with a standard deviation of $5.92.

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.


Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on Dow Chemical Company (The) (NYSE:DOW). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $57 per share to $58 per share. The rating by the firm was issued on August 1, 2016.

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 $53.74 and $53.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.80, notching a gain of 0.30% for the day. The total traded volume was 3,694,862 . The stock had closed at $53.64 on the previous day.

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.

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