DuPont de Nemours, Inc. (NYSE:DD) Receives $98.00 Average PT from Brokerages

Shares of DuPont de Nemours, Inc. (NYSE:DD) have received an average rating of “Moderate Buy” from the twelve research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $98.00.

A number of equities analysts have recently issued reports on the company. StockNews.com upgraded DuPont de Nemours from a “hold” rating to a “buy” rating in a research note on Tuesday, January 21st. Barclays raised their target price on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. BMO Capital Markets reduced their price target on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Citigroup cut their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. Finally, JPMorgan Chase & Co. decreased their price target 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.

Institutional Investors Weigh In On DuPont de Nemours

A number of institutional investors have recently bought and sold shares of DD. Assenagon Asset Management S.A. boosted its stake in shares of DuPont de Nemours by 431.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company’s stock worth $80,707,000 after acquiring an additional 859,333 shares during the period. Raymond James Financial Inc. purchased a new position in DuPont de Nemours in the 4th quarter worth approximately $50,063,000. Franklin Resources Inc. boosted its stake in DuPont de Nemours by 9.8% in the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock worth $556,751,000 after purchasing an additional 570,703 shares during the period. Amundi grew its holdings in DuPont de Nemours by 45.4% during the 4th quarter. Amundi now owns 1,662,845 shares of the basic materials company’s stock valued at $123,799,000 after buying an additional 519,321 shares in the last quarter. Finally, Zacks Investment Management bought a new stake in shares of DuPont de Nemours during the third quarter valued at approximately $42,810,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Down 2.2 %

Shares of DuPont de Nemours stock opened at $75.76 on Monday. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. DuPont de Nemours has a twelve month low of $65.93 and a twelve month high of $90.06. The company has a market cap of $31.66 billion, a price-to-earnings ratio of 39.87, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. The company’s 50 day moving average is $77.72 and its 200 day moving average is $81.09.

DuPont de Nemours Company Profile

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.