In a report released on January 12, Arun Viswanathan from RBC Capital maintained a Hold rating on Dow Inc (DOW – Research Report), with a price target of $52.00. The company’s shares closed last Friday at $53.37.
Viswanathan covers the Basic Materials sector, focusing on stocks such as LyondellBasell, Quaker Chemical, and Celanese. According to TipRanks, Viswanathan has an average return of 5.8% and a 58.33% success rate on recommended stocks.
Currently, the analyst consensus on Dow Inc is a Hold with an average price target of $56.08, a 5.08% upside from current levels. In a report released on January 10, Deutsche Bank also downgraded the stock to a Hold with a $58.00 price target.
See today’s best-performing stocks on TipRanks >>
DOW market cap is currently $37.43B and has a P/E ratio of 29.28.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOW in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dow Inc (DOW) Company Description:
Incorporated in 2018, Michigan-based Dow, Inc. provides materials science solutions for consumer care, infrastructure, and packaging markets in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through three segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials and Coatings.
Read More on DOW:
