Stock Update (NYSE:DOW): Growth, Factors at Play – Analyst Notes on General Electric, Dow Chemical, Bristol-Myers Squibb and Eli Lilly

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 4, 2016 / Moments ago, Trader’s Choice released new research updates concerning several developing situations, including one of the leading uptrends in today’s market: … Read more on this. The Dow Chemical Company (DOW) , with a current value of $54.83B, opened this morning at $46.93. During the trading session, DOW traded between $45.70 to $47.50 with its 52-week range being $35.11 to $57.10. Priced at 13.51x this year’s forecasted earnings, DOW shares are relatively inexpensive compared to the industry ’s 40.60x forward p/e ratio. And for income investors, the company pays shareholders $1.84 per share annually in dividends, yielding 4.38%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $0.83 per share, which would be $0.01 worse than the year-ago quarter and a $0.07 sequential decrease. Investors should also note that the full-year EPS estimate of $3.46 is a $0.01 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $10.82 Billion. If reported, that would be a 12.53% decrease over the year-ago quarter. In terms of ratings, RBC Capital Mkts upgraded DOW from Outperform to Top Pick (Feb 3, 2016). Previously, Citigroup downgraded DOW from Buy to Neutral. With the above information in mind, readers should note that the average price target is $54.32, which is 15.75% above where the stock opened this morning. See more in (NYSE:DOW) Similar Articles: Stock Update: The Dow Chemical Company (NYSE:DOW) – Dow Announces Appointment of James R. Fitterling as President and Chief Operating Officer Stock Update: Bristol-Myers Squibb Company (NYSE:BMY) – Technical Pointers on Drug Manufacturers – Major Stocks — Bristol-Myers Squibb, Eli Lilly, GlaxoSmithKline, and AstraZeneca Stock Update: The Dow Chemical Company (NYSE:DOW) – Dow Announces a New ‘Star’ in High Performance Resins for Packaging Markets: INNATE™ Precision Packaging Resins