Dow Chemical (NYSE:DOW)‘s stock had its “neutral” rating restated by Zacks in a research report issued on Tuesday, American Banking News.com reports. They currently have a $41.00 price objective on the stock. Zacks‘ price objective would indicate a potential upside of 4.83% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of Dow Chemical from $37.00 to $42.00 in a research note to investors on Monday. They now have an “equal weight” rating on the stock. Separately, analysts at Argus reiterated a “buy” rating on shares of Dow Chemical in a research note to investors on Friday. They now have a $47.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Dow Chemical from $37.00 to $43.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $40.00.
Shares of Dow Chemical (NYSE:DOW) traded up 0.72% on Tuesday, hitting $39.39. The stock had a trading volume of 2,371,803 shares. Dow Chemical has a one year low of $27.45 and a one year high of $40.24. The stock has a 50-day moving average of $37.34 and a 200-day moving average of $34.25. The company has a market cap of $46.772 billion and a price-to-earnings ratio of 16.79.
Dow Chemical (NYSE:DOW) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.50 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.54 by $0.04. The company had revenue of $13.73 million for the quarter, compared to the consensus estimate of $14.00 million. During the same quarter last year, the company posted $0.42 earnings per share. Dow Chemical’s revenue was up .7% compared to the same quarter last year. Analysts expect that Dow Chemical will post $2.32 EPS for the current fiscal year.
The Dow Chemical Company combines the power of science and technology to passionately innovate what is essential to human progress.
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