RBC Capital Maintains a Buy Rating on DuPont de Nemours (DD)

In a report issued on July 27, Arun Viswanathan from RBC Capital maintained a Buy rating on DuPont de Nemours (DDResearch Report), with a price target of $81.00. The company’s shares closed last Friday at $61.23.

According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 4.4% and a 55.5% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Ardagh Metal Packaging, and Axalta Coating Systems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DuPont de Nemours with a $79.83 average price target, which is a 32.3% upside from current levels. In a report issued on July 13, Bank of America Securities also maintained a Buy rating on the stock with a $73.00 price target.

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DuPont de Nemours’ market cap is currently $30.58B and has a P/E ratio of 20.10.

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Delaware-based DuPont de Nemours, Inc., which is commonly known as DuPont, is a multi-industry specialty solutions company and provides specialty materials, chemicals, and agricultural products in the United States, Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company was formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017. It operates through the following segments: Electronics & Imaging; Nutrition & Biosciences; Transportation & Industrial; Safety & Construction, and Non-Core.

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