In a report released today, Aleksey Yefremov from Nomura maintained a Sell rating on Westlake Chemical Corp (WLK), with a price target of $51. The company’s shares closed last Monday at $65.71.
According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 9.4% and a 55.7% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Axalta Coating Systems, Venator Materials Plc, and Pq Group Holdings Inc.
Westlake Chemical Corp has an analyst consensus of Hold, with a price target consensus of $71.40.
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The company has a one-year high of $87.65 and a one-year low of $55.82. Currently, Westlake Chemical Corp has an average volume of 700K.
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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.
