E.I. du Pont de Nemours and Company (DD) Receives Price Target

E.I. du Pont de Nemours and Company (DD) : 7 Wall Street analysts covering E.I. du Pont de Nemours and Company (DD) believe that the average level the stock could reach for the short term is $73. The maximum price target given is $80 and the minimum target for short term is around $67, hence the standard deviation is calculated at $5.66.

E.I. du Pont de Nemours and Company (DD) : The consensus on E.I. du Pont de Nemours and Company (DD) based on 10 analyst recommendation on the company stock is 2.7, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on E.I. du Pont de Nemours and Company (DD).


Also, Equity analysts at the Brokerage firm Deutsche Bank maintains its rating on E.I. du Pont de Nemours and Company (NYSE:DD). The rating major has initiated the coverage with sell rating on the shares. The Analysts at Deutsche Bank raises the price target from $55 per share to $56 per share. The rating by the firm was issued on August 12, 2016.

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 $69.74 and $69.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.73, notching a gain of 0.19% for the day. The total traded volume was 1,930,545 . The stock had closed at $69.60 on the previous day.

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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