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A Quick Look at Today's Ratings for Westlake(WLK.US), With a Forecast Between $155 to $180

Futu News ·  Nov 6 21:00  · Ratings

On Nov 06, major Wall Street analysts update their ratings for $Westlake (WLK.US)$, with price targets ranging from $155 to $180.

Morgan Stanley analyst Vincent Andrews maintains with a hold rating, and maintains the target price at $155.

Barclays analyst Michael Leithead maintains with a buy rating, and maintains the target price at $180.

Wells Fargo analyst Michael Sison maintains with a buy rating, and adjusts the target price from $180 to $160.

Mizuho Securities analyst John Roberts CFA maintains with a buy rating, and maintains the target price at $170.

KeyBanc analyst Aleksey Yefremov maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Westlake (WLK.US)$'s main analysts recently are as follows:

  • Though the outlook for Westlake has been reduced, there remains a positive stance on the stock because its HIP division offers a more steady earnings flow compared to its commodity segment. This is expected to enhance the company's valuation multiple over time. There is still anticipation of significant growth to mid-cycle EBITDA.

Here are the latest investment ratings and price targets for $Westlake (WLK.US)$ from 5 analysts:

StockTodayLatestRating_nn_201664_20241106_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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