Dow Chemical Receives New Coverage from Analysts at Atlantic Securities (DOW)
Atlantic Securities initiated coverage on shares of Dow Chemical (NYSE:DOW) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating and a $60.00 price target on the stock. Atlantic Securities’ price objective indicates a potential upside of 39.34% from the company’s current price.
A number of other analysts have also recently weighed in on DOW. Analysts at Susquehanna raised their price target on shares of Dow Chemical from $42.00 to $47.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at SunTrust upgraded shares of Dow Chemical from a “reduce” rating to a “neutral” rating in a research note to investors on Wednesday, January 22nd. Finally, analysts at Gilford Securities downgraded shares of Dow Chemical from a “neutral” rating to a “sell” rating in a research note to investors on Thursday, January 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $44.27.
Dow Chemical (NYSE:DOW) traded down 0.09% during mid-day trading on Tuesday, hitting $43.06. The stock had a trading volume of 10,083,954 shares. Dow Chemical has a 1-year low of $29.81 and a 1-year high of $46.85. The stock’s 50-day moving average is $43.24 and its 200-day moving average is $39.52. The company has a market cap of $52.064 billion and a price-to-earnings ratio of 18.60.
The Dow Chemical Company combines the power of science and technology to passionately innovate what is essential to human progress.
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