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


Dow Chemical Company (The) (NYSE:DOW) mean price target has been set at $59.380 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 $0.810 in the near-term quarter and $3.520 for the ongoing fiscal. The market cap of Dow Chemical Company (The) Comm was recorded at $55.81B after the stock closed at $49.705 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 9.489. 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 2.190. 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 $52.127, and stock is trading -2.422 or -4.646% distant from $52.127. The 200-day MA is $49.854, and this price is $-0.149 or -0.299% off from current level. 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 $-7.395 points up on the chart to make a 52-week high. But, if it declines $+41.569%, then the shares price can hit a new 52-week low.

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