Dow Inc (DOW) Gets a Buy Rating from Alembic Global


Alembic Global analyst Hassan Ahmed reiterated a Buy rating on Dow Inc (DOW) yesterday and set a price target of $65. The company’s shares closed last Monday at $47.91.

According to TipRanks.com, Ahmed has 0 stars on 0-5 star ranking scale with an average return of -8.5% and a 35.1% success rate. Ahmed covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Venator Materials Plc, and LyondellBasell.

Dow Inc has an analyst consensus of Moderate Buy, with a price target consensus of $55.14, implying a 16.4% upside from current levels. In a report issued on September 18, Nomura also maintained a Buy rating on the stock with a $52 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $60.52 and a one-year low of $40.44. Currently, Dow Inc has an average volume of 4.36M.

Based on the recent corporate insider activity of 48 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 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts