Shares of Dow Chemical Co (NYSE:DOW) have earned a consensus rating of “Buy” from the thirteen analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $71.65.
DOW has been the subject of several research analyst reports. BidaskClub cut Dow Chemical from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Alembic Global Advisors set a $85.00 target price on Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. Cowen and Company reiterated a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a research report on Monday, August 28th. Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a research report on Wednesday, September 6th.
COPYRIGHT VIOLATION NOTICE: “Dow Chemical Co (DOW) Receives Average Recommendation of “Buy” from Analysts” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://ledgergazette.com/2017/11/12/dow-chemical-co-dow-receives-average-recommendation-of-buy-from-analysts.html.
Dow Chemical (DOW) traded up $1.75 during trading hours on Friday, hitting $66.65. The company had a trading volume of 43,802,000 shares, compared to its average volume of 5,740,120. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.93 and a quick ratio of 1.32. Dow Chemical has a 12-month low of $51.57 and a 12-month high of $67.50.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Command Bank grew its holdings in Dow Chemical by 36.9% during the 2nd quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock valued at $102,000 after buying an additional 436 shares in the last quarter. Perkins Coie Trust Co lifted its stake in shares of Dow Chemical by 33.7% in the 2nd quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 480 shares during the last quarter. BDO Wealth Advisors LLC bought a new stake in shares of Dow Chemical in the 2nd quarter valued at approximately $121,000. Financial Architects Inc lifted its stake in shares of Dow Chemical by 0.4% in the 2nd quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock valued at $144,000 after purchasing an additional 10 shares during the last quarter. Finally, MCF Advisors LLC lifted its stake in shares of Dow Chemical by 49.3% in the 2nd quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 770 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.
Dow Chemical Company Profile
Receive News & Ratings for Dow Chemical Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Co and related companies with MarketBeat.com's FREE daily email newsletter.