DowDuPont (NYSE:DWDP) was downgraded by investment analysts at Royal Bank of Canada from a “top pick” rating to a “sector perform” rating in a report issued on Tuesday, Marketbeat Ratings reports. They currently have a $40.00 price objective on the stock, down from their previous price objective of $61.00. Royal Bank of Canada’s price objective would suggest a potential upside of 2.04% from the company’s previous close.

A number of other brokerages also recently issued reports on DWDP. UBS Group initiated coverage on DowDuPont in a report on Wednesday, April 3rd. They issued a “buy” rating and a $45.00 price target for the company. SunTrust Banks lowered their price target on DowDuPont to $57.00 and set a “hold” rating for the company in a report on Monday, February 4th. Nomura lowered their price target on DowDuPont from $57.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, April 11th. JPMorgan Chase & Co. downgraded DowDuPont from an “overweight” rating to a “neutral” rating in a report on Friday, February 1st. Finally, Citigroup downgraded DowDuPont from a “buy” rating to a “neutral” rating and lowered their price target for the company from $60.00 to $40.00 in a report on Tuesday, April 2nd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $57.80.

DWDP stock opened at $39.20 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.33 and a current ratio of 2.01. DowDuPont has a fifty-two week low of $16.30 and a fifty-two week high of $39.56. The company has a market cap of $91.30 billion, a P/E ratio of 9.54, a PEG ratio of 1.74 and a beta of 1.28.

DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, January 31st. The company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.01). The firm had revenue of $20.10 billion for the quarter, compared to analysts’ expectations of $21.11 billion. DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. Analysts anticipate that DowDuPont will post 2.23 EPS for the current year.

Hedge funds have recently bought and sold shares of the company. Caxton Associates LP purchased a new stake in shares of DowDuPont during the third quarter worth approximately $218,000. Man Group plc raised its stake in shares of DowDuPont by 22.1% during the third quarter. Man Group plc now owns 90,683 shares of the company’s stock worth $5,831,000 after purchasing an additional 16,395 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of DowDuPont by 1.4% during the third quarter. Thrivent Financial for Lutherans now owns 108,242 shares of the company’s stock worth $6,961,000 after purchasing an additional 1,540 shares during the last quarter. Mutual Advisors LLC raised its stake in shares of DowDuPont by 11.3% during the third quarter. Mutual Advisors LLC now owns 16,432 shares of the company’s stock worth $1,057,000 after purchasing an additional 1,673 shares during the last quarter. Finally, Resources Management Corp CT ADV purchased a new stake in shares of DowDuPont during the third quarter worth approximately $2,323,000. 69.37% of the stock is owned by institutional investors and hedge funds.

About DowDuPont

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control.

Featured Article: Risk Tolerance and Your Investment Decisions

Analyst Recommendations for DowDuPont (NYSE:DWDP)

Receive News & Ratings for DowDuPont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DowDuPont and related companies with MarketBeat.com's FREE daily email newsletter.