In a report released on April 19, 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 yesterday at $56.99.
Viswanathan covers the Basic Materials sector, focusing on stocks such as Corteva, FMC, and PPG Industries. According to TipRanks, Viswanathan has an average return of 3.8% and a 55.49% success rate on recommended stocks.
In addition to RBC Capital, Dow Inc also received a Hold from Citi’s Patrick Cunningham, CFA in a report issued on April 10. However, on the same day, Bank of America Securities assigned a Buy rating to Dow Inc (NYSE: DOW).
DOW market cap is currently $39.85B and has a P/E ratio of 69.50.
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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:
- Biden to propose higher tariffs on Chinese steel, aluminum, Bloomberg reports
- Dow Inc. Shareholders Elect Directors, Affirm Executives and Auditors
- Dow announces results from 2024 Annual Stockholder Meeting
- Dow Inc. price target raised to $60 from $56 at Citi
- Dow Inc. price target raised to $68 from $63 at Wells Fargo
