DowDuPont: Analysts’ Views after Its Q4 Earnings

Analysts’ consensus

Currently, 26 analysts are actively tracking DowDuPont (DWDP). The number of analysts tracking the stock increased to 26 in the past three months. Among the analysts, 70% recommended a “buy,” while 30% recommended a “hold.” None of the analysts recommended a “sell.” Investors watch analysts’ recommendations to track the stock price movement and trends.

DowDuPont: Analysts’ Views after Its Q4 Earnings

DowDuPont’s consensus target price is $67.43, which implies a potential return of 23.3% over the closing price of $54.72 as of February 27. In the past three months, DowDuPont’s consensus target price fell from $74.43 to $67.43.

DowDuPont reported flat revenue growth in the fourth quarter. The company’s adjusted EPS met analysts’ expectations. Unfavorable foreign currency weighed on the company’s revenue and earnings growth. The trend will likely continue into the next quarter as well. However, investors will be watching the upcoming spin-offs. As a result, most of the analysts have recommended the stock as a “buy” or a “hold.”

Brokerage recommendations

  • BMO raised DowDuPont’s target price to $67, which implies a return potential of 22.4% over the closing price of $54.72 as of February 27.
  • Cowen downgraded DowDuPont’s rating to “market perform” and cut the target price to $59, which implies a return potential of 7.8% over the closing price on February 27.
  • Argus cut DowDuPont’s target price to $70, which implies a return potential of ~27.9% over the closing price on February 27.

Investors could invest in DowDuPont indirectly through the First Trust Indxx Global Agriculture ETF (FTAG), which invests 9.4% of its portfolio in DowDuPont. The fund also provides exposure to Deere (DE), CNH Industrial (CNHI), and FMC (FMC) with weights of 10.3%, 3.4%, and 2.8%, respectively, as of February 27.