Deutsche Bank Thinks DowDuPont Inc’s Stock is Going to Recover


In a report released today, David Begleiter from Deutsche Bank maintained a Buy rating on DowDuPont Inc (NYSE: DWDP), with a price target of $72. The company’s shares opened today at $59.66, close to its 52-week low of $58.81.

According to TipRanks.com, Begleiter is ranked #83 out of 4877 analysts.

Currently, the analyst consensus on DowDuPont Inc is a Moderate Buy with an average price target of $79, implying a 32.4% upside from current levels. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a $74 price target.

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DowDuPont Inc’s market cap is currently $136.1B and has a P/E ratio of 59.07. The company has a Price to Book ratio of 1.40.

Based on the recent corporate insider activity of 124 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DWDP in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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