DowDuPont (NYSE:DWDP) has been assigned a $80.00 price objective by stock analysts at Morgan Stanley in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s target price suggests a potential upside of 21.91% from the company’s previous close.

Several other equities research analysts have also weighed in on DWDP. Goldman Sachs started coverage on shares of DowDuPont in a report on Monday, December 4th. They issued a “buy” rating on the stock. Stephens started coverage on shares of DowDuPont in a report on Monday, December 4th. They issued an “overweight” rating and a $83.00 target price on the stock. Royal Bank of Canada reiterated a “buy” rating and issued a $86.00 target price on shares of DowDuPont in a report on Friday, December 8th. ValuEngine upgraded shares of DowDuPont from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research upgraded shares of DowDuPont from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, January 30th. Six equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $80.71.

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Shares of DWDP stock opened at $65.62 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The firm has a market cap of $154,623.83, a price-to-earnings ratio of 41.80, a price-to-earnings-growth ratio of 1.69 and a beta of 1.24. DowDuPont has a twelve month low of $59.29 and a twelve month high of $77.08.

DowDuPont (NYSE:DWDP) last posted its earnings results on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.16. The company had revenue of $20.07 billion for the quarter, compared to analyst estimates of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. DowDuPont’s revenue for the quarter was up 54.1% on a year-over-year basis. sell-side analysts anticipate that DowDuPont will post 4.13 EPS for the current year.

In other DowDuPont news, General Counsel Charles J. Kalil sold 69,400 shares of DowDuPont stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $72.66, for a total value of $5,042,604.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ronald C. Edmonds sold 15,000 shares of DowDuPont stock in a transaction on Friday, March 9th. The shares were sold at an average price of $71.83, for a total transaction of $1,077,450.00. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the business. Tradewinds Capital Management LLC bought a new position in shares of DowDuPont in the 3rd quarter valued at about $101,000. Certified Advisory Corp bought a new position in shares of DowDuPont in the 4th quarter valued at about $101,000. Winfield Associates Inc. bought a new position in shares of DowDuPont in the 3rd quarter valued at about $103,000. Peddock Capital Advisors LLC bought a new position in shares of DowDuPont in the 3rd quarter valued at about $106,000. Finally, Financial Gravity Companies Inc. bought a new position in shares of DowDuPont in the 4th quarter valued at about $106,000. Hedge funds and other institutional investors own 70.41% of the company’s stock.

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About DowDuPont

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, traits and crop protection.

Analyst Recommendations for DowDuPont (NYSE:DWDP)

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