DuPont de Nemours (NYSE:DD) Given New $103.00 Price Target at UBS Group

DuPont de Nemours (NYSE:DD) had its price target hoisted by research analysts at UBS Group from $102.00 to $103.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. UBS Group’s target price suggests a potential upside of 26.17% from the company’s current price.

DD has been the topic of several other research reports. BMO Capital Markets lifted their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Royal Bank of Canada decreased their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. StockNews.com upgraded DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Thursday, February 20th. Wells Fargo & Company dropped their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. cut their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours Trading Down 0.2 %

DD stock traded down $0.18 on Tuesday, reaching $81.64. The company’s stock had a trading volume of 293,554 shares, compared to its average volume of 2,473,604. The business has a fifty day simple moving average of $77.72 and a two-hundred day simple moving average of $81.27. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The firm has a market cap of $34.13 billion, a PE ratio of 48.89, a PEG ratio of 2.15 and a beta of 1.34. DuPont de Nemours has a 12-month low of $68.21 and a 12-month high of $90.06.

DuPont de Nemours (NYSE:DD) 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 return on equity of 7.12% and a net margin of 5.47%. As a group, research analysts forecast that DuPont de Nemours will post 4.38 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in DuPont de Nemours by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 46,596,215 shares of the basic materials company’s stock worth $3,552,961,000 after purchasing an additional 353,010 shares in the last quarter. State Street Corp increased its holdings in DuPont de Nemours by 2.4% in the 3rd quarter. State Street Corp now owns 16,983,109 shares of the basic materials company’s stock worth $1,513,365,000 after acquiring an additional 399,728 shares in the last quarter. Geode Capital Management LLC lifted its holdings in DuPont de Nemours by 1.0% during the third quarter. Geode Capital Management LLC now owns 9,952,115 shares of the basic materials company’s stock valued at $883,821,000 after purchasing an additional 100,198 shares in the last quarter. Franklin Resources Inc. grew its position in shares of DuPont de Nemours by 7.5% in the fourth quarter. Franklin Resources Inc. now owns 6,894,207 shares of the basic materials company’s stock valued at $525,683,000 after purchasing an additional 483,722 shares during the period. Finally, Northern Trust Corp raised its position in shares of DuPont de Nemours by 16.3% during the 4th quarter. Northern Trust Corp now owns 4,931,816 shares of the basic materials company’s stock worth $376,051,000 after purchasing an additional 690,218 shares during the last quarter. 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.