Brokers Offer Predictions for DowDuPont’s Q3 2017 Earnings (DWDP)
DowDuPont (NASDAQ:DWDP) – Jefferies Group reduced their Q3 2017 earnings estimates for shares of DowDuPont in a research report issued to clients and investors on Tuesday. Jefferies Group analyst L. Alexander now expects that the company will post earnings of $0.39 per share for the quarter, down from their previous forecast of $0.54. Jefferies Group has a “Buy” rating and a $80.00 price objective on the stock.
A number of other equities analysts also recently issued reports on the stock. Citigroup Inc. increased their price target on shares of DowDuPont from $75.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday. Nomura increased their price target on shares of DowDuPont from $77.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday. Cowen and Company upgraded shares of DowDuPont from a “market perform” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Wednesday. Instinet reiterated a “buy” rating and issued a $82.00 price target (up previously from $77.00) on shares of DowDuPont in a report on Wednesday. Finally, Macquarie assumed coverage on shares of DowDuPont in a report on Tuesday. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. DowDuPont presently has a consensus rating of “Buy” and an average price target of $78.75.
Shares of DowDuPont (DWDP) opened at 69.50 on Thursday. The firm’s market cap is $162.35 billion. The stock has a 50 day moving average of $64.65 and a 200 day moving average of $63.66. DowDuPont has a 12 month low of $51.60 and a 12 month high of $69.60.
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