Dow Chemical Company (The) (DOW) : 4 brokerage houses believe that Dow Chemical Company (The) (DOW) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Dow Chemical Company (The) (DOW). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.23.
Dow Chemical Company (The) (DOW) : The consensus price target for Dow Chemical Company (The) (DOW) is $56.3 for the short term with a standard deviation of $6.04. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $65, however, the pessimist price target for the company is $47.
Dow Chemical Company (The) (NYSE:DOW): The stock opened at $48.27 on Wednesday but the bulls could not build on the opening and the stock topped out at $48.38 for the day. The stock traded down to $47.51 during the day, due to lack of any buying support eventually closed down at $48.12 with a loss of -1.31% for the day. The stock had closed at $48.76 on the previous day. The total traded volume was 8,844,110 shares.
Also, Brokerage firm JP Morgan downgrades its rating on Dow Chemical Company (The) (NYSE:DOW). The shares have been rated Neutral. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 28, 2016. The company shares have dropped -1.53% from its 1 Year high price. On Dec 9, 2015, the shares registered one year high at $57.10 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $51.92 and the 200 Day Moving Average price is recorded at $49.82.
The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals and Performance Plastics. The Company serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, oil and gas, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.