DuPont de Nemours (NYSE:DD) Price Target Raised to $112.00

DuPont de Nemours (NYSE:DD - Free Report) had its price objective increased by BMO Capital Markets from $105.00 to $112.00 in a research note published on Thursday morning,Benzinga reports. BMO Capital Markets currently has an outperform rating on the basic materials company's stock.

Several other equities analysts also recently weighed in on DD. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price for the company in a research report on Friday, January 17th. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their target price for the company from $85.00 to $89.00 in a research report on Thursday. Citigroup dropped their target price on DuPont de Nemours from $92.00 to $88.00 in a research report on Monday, February 10th. Wells Fargo & Company dropped their target price on DuPont de Nemours from $107.00 to $105.00 and set an "overweight" rating for the company in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. lowered their price objective on DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, DuPont de Nemours has an average rating of "Moderate Buy" and a consensus price target of $98.75.

DuPont de Nemours Price Performance

DuPont de Nemours stock traded down $0.74 during trading on Thursday, reaching $83.31. The company had a trading volume of 2,916,054 shares, compared to its average volume of 2,162,100. The firm has a market capitalization of $34.82 billion, a PE ratio of 43.85, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. DuPont de Nemours has a 1-year low of $67.70 and a 1-year high of $90.06. The firm's 50-day simple moving average is $77.59 and its 200 day simple moving average is $81.11. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. As a group, equities research analysts anticipate that DuPont de Nemours will post 3.91 earnings per share for the current fiscal year.

Institutional Investors Weigh In On DuPont de Nemours

Large investors have recently modified their holdings of the stock. Hager Investment Management Services LLC purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $26,000. Aster Capital Management DIFC Ltd raised its stake in shares of DuPont de Nemours by 479.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock worth $28,000 after purchasing an additional 302 shares during the last quarter. Byrne Asset Management LLC purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth approximately $29,000. Vision Financial Markets LLC acquired a new position in DuPont de Nemours during the fourth quarter worth $31,000. Finally, Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours during the third quarter worth $38,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

About DuPont de Nemours

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.