DowDuPont (DWDP) Receives Buy Rating from Vertical Research
Vertical Research reissued their buy rating on shares of DowDuPont (NASDAQ:DWDP) in a report released on Saturday. They currently have a $79.00 price target on the stock, up from their prior price target of $74.00.
Other equities analysts have also recently issued reports about the company. Macquarie began coverage on DowDuPont in a research note on Tuesday, September 5th. They set an outperform rating and a $76.00 price objective on the stock. Nomura raised their price objective on DowDuPont from $77.00 to $82.00 and gave the stock a buy rating in a research note on Wednesday. Monness Crespi & Hardt began coverage on DowDuPont in a research note on Tuesday, September 12th. They set a neutral rating on the stock. Jefferies Group LLC raised their price objective on DowDuPont to $80.00 and gave the stock a buy rating in a research note on Tuesday, September 5th. Finally, Instinet restated a buy rating and set a $82.00 price objective (up from $77.00) on shares of DowDuPont in a research note on Wednesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of Buy and an average price target of $78.86.
Shares of DowDuPont (DWDP) traded down 0.23% during trading on Friday, reaching $69.86. 32,382,148 shares of the company’s stock traded hands. The company’s market capitalization is $163.19 billion. The company has a 50 day moving average of $65.00 and a 200-day moving average of $63.82. DowDuPont has a 1-year low of $51.60 and a 1-year high of $70.70.
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