DuPont Stock Rating Reaffirmed by Jefferies Group (DD)
Jefferies Group reaffirmed their hold rating on shares of DuPont (NYSE: DD) in a research note issued to investors on Thursday, Stock Ratings Network.com reports. The firm currently has a $52.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a buy rating on shares of DuPont in a research note to investors on Friday, May 3rd. They now have a $62.00 price target on the stock. Separately, analysts at BGC Financial downgraded shares of DuPont from a buy rating to a hold rating in a research note to investors on Friday, May 3rd.
Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the stock. DuPont has a consensus rating of Hold and a consensus target price of $51.83.
DuPont (NYSE: DD) remained flat at $55.35 during trading on Thursday. DuPont has a 1-year low of $41.67 and a 1-year high of $56.78. The stock’s 50-day moving average is currently $52.84. The company has a market cap of $50.948 billion and a price-to-earnings ratio of 11.24.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 12th. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Monday, May 13th. This is a positive change from DuPont’s previous quarterly dividend of $0.43.
E. I. du Pont de Nemours and Company (NYSE: DD) 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.