Dow Chemical Company (The) (NYSE:DOW)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Tuesday.

Several other equities analysts have also issued reports on the company. Cowen and Company restated a “hold” rating and set a $60.00 price target on shares of Dow Chemical Company (The) in a research report on Monday. BidaskClub upgraded Dow Chemical Company (The) from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Alembic Global Advisors set a $85.00 price target on Dow Chemical Company (The) and gave the stock a “buy” rating in a research report on Thursday, July 27th. Royal Bank Of Canada restated a “buy” rating and set a $76.00 price target on shares of Dow Chemical Company (The) in a research report on Thursday, July 6th. Finally, Zacks Investment Research lowered Dow Chemical Company (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Dow Chemical Company (The) has a consensus rating of “Buy” and a consensus target price of $71.42.

Dow Chemical Company (NYSE:DOW) traded down 0.469% on Tuesday, reaching $64.367. 636,618 shares of the company’s stock were exchanged. Dow Chemical Company has a 52 week low of $51.57 and a 52 week high of $67.50. The company has a market cap of $78.75 billion, a price-to-earnings ratio of 27.566 and a beta of 1.13. The stock’s 50 day moving average is $64.76 and its 200 day moving average is $63.33.

Dow Chemical Company (The) (NYSE:DOW) last posted its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. Dow Chemical Company (The) had a return on equity of 17.08% and a net margin of 5.83%. The business had revenue of $13.83 billion for the quarter, compared to analyst estimates of $13.60 billion. During the same period last year, the company earned $0.95 EPS. Dow Chemical Company (The)’s revenue for the quarter was up 15.7% compared to the same quarter last year. On average, equities analysts anticipate that Dow Chemical Company will post $4.08 earnings per share for the current year.

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Large investors have recently modified their holdings of the company. Lord Abbett & CO. LLC raised its stake in shares of Dow Chemical Company (The) by 2.1% in the second quarter. Lord Abbett & CO. LLC now owns 2,372,036 shares of the basic materials company’s stock worth $149,604,000 after buying an additional 49,558 shares in the last quarter. USA Financial Portformulas Corp acquired a new stake in shares of Dow Chemical Company (The) during the second quarter worth $280,000. United Bank VA raised its stake in shares of Dow Chemical Company (The) by 3.9% in the second quarter. United Bank VA now owns 62,875 shares of the basic materials company’s stock worth $3,966,000 after buying an additional 2,382 shares in the last quarter. Atlantic Trust LLC raised its stake in shares of Dow Chemical Company (The) by 6.6% in the second quarter. Atlantic Trust LLC now owns 37,551 shares of the basic materials company’s stock worth $2,368,000 after buying an additional 2,331 shares in the last quarter. Finally, WFG Advisors LP raised its stake in shares of Dow Chemical Company (The) by 14.4% in the second quarter. WFG Advisors LP now owns 12,837 shares of the basic materials company’s stock worth $810,000 after buying an additional 1,612 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Dow Chemical Company (The) Company Profile

Analyst Recommendations for Dow Chemical Company (The) (NYSE:DOW)

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