Credit Suisse Sticks to Their Buy Rating for Dow (DOW)


Credit Suisse analyst Chris Parkinson maintained a Buy rating on Dow (DOW) today and set a price target of $51.00. The company’s shares closed last Monday at $47.19.

According to TipRanks.com, Parkinson is a 3-star analyst with an average return of 1.4% and a 59.3% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International, Ecolab, and FMC.

Currently, the analyst consensus on Dow is a Moderate Buy with an average price target of $57.00, a 20.3% upside from current levels. In a report issued on January 13, Alembic Global also maintained a Buy rating on the stock with a $65.00 price target.

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The company has a one-year high of $60.52 and a one-year low of $40.44. Currently, Dow has an average volume of 3.53M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DOW 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.

Dow, Inc. materials science company, combining science and technology to develop innovative solutions. It operates through three business segments: Performance Materials & Coatings, Industrial Intermediates & Infrastructure, and Packaging & Specialty Plastics.

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