Investment analysts at Bank of America Corporation started coverage on shares of DowDuPont (NASDAQ:DWDP) in a research note issued on Monday. The brokerage set a “buy” rating and a $78.00 price target on the stock. Bank of America Corporation’s price target points to a potential upside of 13.84% from the stock’s previous close.
The analysts wrote, “spincos”
Several other brokerages have also commented on DWDP. Instinet reaffirmed a “buy” rating and issued a $77.00 price target on shares of DowDuPont in a research note on Tuesday, September 5th. Susquehanna Bancshares Inc assumed coverage on DowDuPont in a research note on Tuesday, September 5th. They issued a “positive” rating and a $80.00 price target on the stock. Macquarie assumed coverage on DowDuPont in a research note on Tuesday, September 5th. They issued an “outperform” rating and a $76.00 price target on the stock. Jefferies Group LLC upped their price target on DowDuPont to $80.00 and gave the company a “buy” rating in a research note on Tuesday, September 5th. Finally, Nomura assumed coverage on DowDuPont in a research note on Sunday, September 3rd. They issued a “buy” rating and a $77.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. DowDuPont currently has a consensus rating of “Buy” and a consensus target price of $77.70.
Shares of DowDuPont (DWDP) opened at 68.52 on Monday. The firm has a 50-day moving average price of $64.59 and a 200-day moving average price of $63.62. The stock’s market cap is $160.06 billion. DowDuPont has a 1-year low of $51.57 and a 1-year high of $69.25.
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