Nomura analyst Aleksey Yefremov maintained a Hold rating on Westlake Chemical Corp (NYSE: WLK) today and set a price target of $92. The company’s shares opened today at $80.76, close to its 52-week low of $79.08.
According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 12.7% and a 60.3% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Venator Materials Plc, LyondellBasell, and DowDuPont Inc.
Currently, the analyst consensus on Westlake Chemical Corp is a Moderate Buy with an average price target of $107.44.
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The company has a one-year high of $124.30 and a one-year low of $79.08. Currently, Westlake Chemical Corp has an average volume of 870.9K.
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Westlake Chemical Corp. manufactures and markets petrochemicals, polymers and fabricated building products. It operates through the Olefins and Vinyls segments. The Olefins segment manufactures ethylene, polyethylene, styrene, and associated co-products at the manufacturing facility in Lake Charles and polyethylene at the Longview facility.
