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Wells Fargo Stick to Their Buy Rating for DuPont de Nemours, Inc.

Published 10/16/2020, 05:06 AM
Updated 10/16/2020, 05:06 AM


Wells Fargo (NYSE:WFC) analyst Wells Fargo maintained a Buy rating on DuPont de Nemours (NYSE:DD), Inc. on Thursday, setting a price target of $70, which is approximately 18.08% above the present share price of $59.28.

expects DuPont de Nemours, Inc. to post earnings per share (EPS) of -$3.37 for the fourth quarter of 2020.

The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in DuPont de Nemours, with an average price target of $67.56.
The analysts price targets range from a high of $76 to a low of $55.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $4.83 billion and a net profit of $259 million. The company's market cap is $43.52 billion.

According to TipRanks.com, Wells Fargo analyst Wells Fargo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 62.72% success rate.

DuPont de Nemours, Inc. operates as a holding company, which engages in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Imaging; Nutrition & Biosciences; Transportation & Industrial; Safety & Construction, and Non-Core. The Electronics & Imaging segment provides permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, electroless and electrolytic metallization solutions, as well as patterning solutions and materials and innovative metallization processes for metal finishing, decorative, and industrial applications. The Nutrition & Biosciences segment provides solutions for the global food and beverage, dietary supplements, pharma, home and personal care, energy and animal nutrition markets. The Transportation & Industrial segment engineering resins, adhesives, silicones, lubricants and parts to engineers and designers in the transportation, electronics, healthcare, industrial and consumer end-markets to enable systems solutions for demanding applications and environments. The Safety & Construction segment provides engineering products and integrated systems for a number of industries including, worker safety, water purification and separation, aerospace, energy, medical packaging and building materials. The Non-Core segment supplier of key materials for the manufacturing of photovoltaic cells and panels, including SOLAMET metallization pastes, TEDLAR backsheet materials, and FORTASUN silicone encapsulants and adhesives. The company was founded on September 1, 2017 and is headquartered in Wilmington, DE.

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