E I Du Pont De Nemours And’s “Hold” Rating Reaffirmed at Jefferies Group (DD)
E I Du Pont De Nemours And (NYSE:DD)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Friday. They currently have a $4.35 price objective on the stock, up from their previous price objective of $1.50. Jefferies Group’s price objective would indicate a potential downside of 93.57% from the stock’s previous close.
DD has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of E I Du Pont De Nemours And in a research note on Wednesday, April 23rd. They now have a $71.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of E I Du Pont De Nemours And in a research note on Tuesday, April 22nd. They now have a $76.00 price target on the stock. Finally, analysts at Argus raised their price target on shares of E I Du Pont De Nemours And from $72.00 to $76.00 in a research note on Tuesday, April 22nd. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $63.48.
E I Du Pont De Nemours And (NYSE:DD) traded down 4.46% during mid-day trading on Friday, hitting $64.6801. The stock had a trading volume of 7,537,859 shares. E I Du Pont De Nemours And has a 52-week low of $52.04 and a 52-week high of $69.75. The stock’s 50-day moving average is $68.18 and its 200-day moving average is $65.62. The company has a market cap of $59.399 billion and a P/E ratio of 21.56.
E I Du Pont De Nemours And (NYSE:DD) last announced its earnings results on Thursday, April 17th. The company reported $1.58 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.59 by $0.01. The company had revenue of $10.10 billion for the quarter, compared to the consensus estimate of $10.45 billion. During the same quarter in the prior year, the company posted $1.56 earnings per share. The company’s quarterly revenue was down 2.7% on a year-over-year basis. On average, analysts predict that E I Du Pont De Nemours And will post $4.28 earnings per share for the current fiscal year.
Dupont E I De Nemours & Co, formerly E. I. du Pont de Nemours and Company, manufacturing, seed production or selling activities and some are distributors of products manufactured by the Company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.