Analyst Revises Dow Chemical Company (The) (NYSE:DOW) Stock Target


Dow Chemical Company (The) (NYSE:DOW) mean price target has been set at $59.940 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.860 in the near-term quarter and $3.480 for the ongoing fiscal. The market cap of Dow Chemical Company (The) Comm was recorded at $60.35B after the stock closed at $53.450 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Dow Chemical Company (The) (NYSE:DOW) has a P/E ratio of 7.824. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Dow Chemical Company (The) (NYSE:DOW) PEG ratio sits at 1.910. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Dow Chemical Company (The) Comm visibly illustrates that the 50-day MA of Dow Chemical Company (The) Comm is $51.857, and stock is trading $1.698 points away or +3.274% from its 50-day moving average of $51.857. Further it is trading $2.909 or +5.743% away its 200-day moving average of $50.646. Dow Chemical Company (The) (NYSE:DOW) 52-week high is $57.100 and the 52-week low is $35.110. This represents that if the stock moves $-3.545 points up on the chart to it will make a 52-week high. But, if it declines +52.535%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 26 times, 1 visits today)