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The Dow Chemical Company (NYSE:DOW) hit a new 52-week high during trading on Tuesday , Stock Ratings Network reports. The company traded as high as $53.35 and last traded at $52.97, with a volume of 2,186,084 shares changing hands. The stock had previously closed at $52.89.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Dow Chemical Company in a research note on Tuesday, June 17th. They now have a $48.00 price target on the stock, up previously from $45.00. Separately, analysts at Wells Fargo & Co. upgraded shares of The Dow Chemical Company from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 20th. Finally, analysts at Susquehanna raised their price target on shares of The Dow Chemical Company from $47.00 to $57.00 in a research note on Thursday, May 8th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. The Dow Chemical Company presently has a consensus rating of “Hold” and a consensus target price of $52.45.

The stock has a 50-day moving average of $51.20 and a 200-day moving average of $47.54. The company has a market cap of $62.714 billion and a price-to-earnings ratio of 13.29.

The Dow Chemical Company (NYSE:DOW) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.08. The company had revenue of $14.50 billion for the quarter, compared to the consensus estimate of $14.72 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. Analysts expect that The Dow Chemical Company will post $2.96 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, July 30th. Investors of record on Monday, June 30th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Thursday, June 26th.

The Dow Chemical Company combines the power of science and technology to passionately innovate what is essential to human progress.

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