DowDuPont Inc (DWDP) Coverage Initiated at Deutsche Bank AG
Research analysts at Deutsche Bank AG assumed coverage on shares of DowDuPont Inc (NASDAQ:DWDP) in a note issued to investors on Thursday. The brokerage set a “buy” rating and a $80.00 price target on the stock. Deutsche Bank AG’s target price indicates a potential upside of 12.33% from the stock’s previous close.
DWDP has been the subject of a number of other research reports. Susquehanna Bancshares Inc initiated coverage on DowDuPont in a report on Tuesday, September 5th. They issued a “positive” rating and a $80.00 price objective for the company. UBS AG initiated coverage on DowDuPont in a report on Friday, September 1st. They issued a “buy” rating for the company. Citigroup Inc. upped their price objective on DowDuPont from $75.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, September 13th. Zacks Investment Research downgraded DowDuPont from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 27th. Finally, Instinet restated a “buy” rating and issued a $77.00 price target on shares of DowDuPont in a report on Tuesday, September 5th. Two analysts have rated the stock with a sell rating, three have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $79.06.
DowDuPont (NASDAQ DWDP) opened at 71.22 on Thursday. The firm’s market cap is $166.37 billion. DowDuPont has a 52-week low of $51.60 and a 52-week high of $71.23. The company has a 50 day moving average price of $67.66 and a 200-day moving average price of $64.51.
Several hedge funds have recently bought and sold shares of DWDP. Amarillo National Bank acquired a new position in shares of DowDuPont during the third quarter worth about $324,000. Eqis Capital Management Inc. acquired a new position in shares of DowDuPont during the third quarter worth about $397,000. Stillwater Investment Management LLC acquired a new position in shares of DowDuPont during the third quarter worth about $434,000. McQueen Ball & Associates Inc. acquired a new position in shares of DowDuPont during the third quarter worth about $650,000. Finally, Indiana Trust & Investment Management CO acquired a new position in shares of DowDuPont during the third quarter worth about $1,369,000.
DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, and a pipeline of germplasm, traits and crop protection.
Receive News & Stock Ratings for DowDuPont Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DowDuPont Inc and related stocks with our FREE daily email newsletter.