DuPont de Nemours (NYSE:DD) Given New $80.00 Price Target at Mizuho

DuPont de Nemours (NYSE:DD - Get Free Report) had its price objective decreased by equities researchers at Mizuho from $100.00 to $80.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an "outperform" rating on the basic materials company's stock. Mizuho's price objective suggests a potential upside of 33.05% from the company's current price.

Several other analysts have also issued reports on DD. Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. StockNews.com downgraded DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Citigroup decreased their price objective on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Royal Bank of Canada cut their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $87.71.

DuPont de Nemours Stock Up 1.5 %

DD stock traded up $0.88 during mid-day trading on Tuesday, reaching $60.13. The company had a trading volume of 2,748,962 shares, compared to its average volume of 2,379,137. DuPont de Nemours has a 52 week low of $53.77 and a 52 week high of $90.06. The company has a market capitalization of $25.16 billion, a price-to-earnings ratio of 36.01, a PEG ratio of 2.15 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a 50 day simple moving average of $73.41 and a two-hundred day simple moving average of $78.20.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, equities analysts predict that DuPont de Nemours will post 4.38 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DD. Hager Investment Management Services LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth about $26,000. Aster Capital Management DIFC Ltd boosted its position in shares of DuPont de Nemours by 479.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock worth $28,000 after acquiring an additional 302 shares in the last quarter. Vermillion Wealth Management Inc. bought a new position in DuPont de Nemours in the fourth quarter valued at approximately $28,000. Byrne Asset Management LLC acquired a new position in DuPont de Nemours during the fourth quarter valued at approximately $29,000. Finally, Vision Financial Markets LLC bought a new stake in DuPont de Nemours during the fourth quarter worth $31,000. Institutional investors and hedge funds 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.