Alembic Global analyst Hassan Ahmed maintained a Buy rating on Dow Inc on Monday, setting a price target of $57, which is approximately 18.97% above the present share price of $47.91.
Ahmed expects Dow Inc to post earnings per share (EPS) of -$0.31 for the third quarter of 2020.
The current consensus among 16 TipRanks analysts is for a Hold rating of shares in Dow, with an average price target of $46.86.
The analysts price targets range from a high of $58 to a low of $33.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $8.35 billion and a net profit of $105 million. The company's market cap is $37.33 billion.
According to TipRanks.com, Alembic Global analyst Hassan Ahmed is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.4% and a 38.96% success rate.
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 (NYSE:PKG) & Specialty Plastics. The Performance Materials & Coatings segment includes industry-franchises that deliver a wide array of solutions into consumer and infrastructure end-markets. The segment consists of two global businesses: Coatings & Performance Monomers and Consumer Solutions. These businesses primarily utilize Dow's acrylics, cellulosics- and silicone-based technology platforms to serve the needs of the architectural and industrial coatings, home care and personal care end-markets. The Industrial Intermediates & Infrastructure segment consists of two customer-centric global businesses Industrial Solutions and Polyurethanes & CAV that develop important intermediate chemicals that are essential to manufacturing processes, as well as downstream, customized materials and formulations that use advanced development technologies. The Packaging & Specialty Plastics segment consists of two global businesses: Hydrocarbons & Energy and Packaging and Specialty Plastics. The company was founded on August 30, 2018 and is headquartered in Midland, MI.