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Westlake Chemical Corp (WLK)
NYSE:WLK
Westlake Chemical (WLK) Stock Forecast & Price Target
471 Followers
See the Price Targets and Ratings of:
WLK Analyst Ratings
Moderate Buy
4 Buy
6 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
WLK Stock 12 Month Forecast
Average Price Target
$167.50
▲(14.44% Upside)
| Highest Price Target$185.00 | Average Price Target$167.50 | Lowest Price Target$154.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Wells Fargo
Reiterated
07/10/24
Citi
Reiterated
07/03/24
Barclays
Reiterated
06/17/24
BMO Capital
Assigned
06/17/24
Deutsche Numis
Reiterated
06/14/24
RBC Capital
Reiterated
06/14/24
Morgan Stanley
Reiterated
06/13/24
Alembic Global
Reiterated
05/20/24
Piper Sandler
Assigned
05/07/24
Bank of America Securities
―
Sell
―
Reiterated
04/10/24
Westlake Chemical (WLK): New Sell Recommendation for This Basic Materials Giant
Vertical Research
$154
Hold
$154.00
(5.22% Upside)
Downgraded
04/08/24
Westlake downgraded to Hold from Buy at Vertical ResearchWestlake downgraded to Hold from Buy at Vertical Research
KeyBanc
―
Hold
―
Reiterated
02/21/24
KeyBanc Reaffirms Their Hold Rating on Westlake Chemical (WLK)
Tudor Pickering
$133
Hold
$133.00
(-9.13% Downside)
Upgraded
01/02/24
Westlake upgraded to Hold from Sell at TPH&Co.Westlake upgraded to Hold from Sell at TPH&Co.
J.P. Morgan
―
Sell
―
Downgraded
08/08/23
Analysts Have Conflicting Sentiments on These Materials Companies: Westlake Chemical (NYSE: WLK) and Albemarle (NYSE: ALB)
Best Analysts Covering Westlake Chemical
Which Analyst Should I Follow If I Want to Buy WLK and Sell After:
1 Month
xxx
Success Rate
15/26 ratings generated profit
Average Return
+2.40%
reiterated a xxx
rating 12 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 57.69% of your transactions generating a profit, with an average return of +2.40% per trade.
3 Months
xxx
Success Rate
17/26 ratings generated profit
Average Return
+5.79%
assigned a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 65.38% of your transactions generating a profit, with an average return of +5.79% per trade.
1 Year
Success Rate
22/26 ratings generated profit
Average Return
+17.32%
reiterated a buy rating 12 days ago
Copying Michael Sison's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +17.32% per trade.
2 Years
xxx
Success Rate
24/26 ratings generated profit
Average Return
+30.71%
reiterated a xxx
rating 12 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 92.31% of your transactions generating a profit, with an average return of +30.71% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
WLK Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
3
6
7
8
6
Hold
10
10
11
18
15
Sell
0
1
1
1
0
Strong Sell
0
0
0
0
0
total
13
17
19
27
21
Each month's total comprises the sum of three months' worth of ratings.
WLK Financial Forecast
WLK Stock Forecast FAQ
What is WLK’s average 12-month price target, according to analysts?
Based on analyst ratings, Westlake Chemical Corp’s 12-month average price target is $167.50.
What is WLK’s upside potential, based on the analysts’ average price target?
Westlake Chemical Corp has 14.44% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is WLK a Buy, Sell or Hold?
Westlake Chemical Corp has a consensus rating of Moderate Buy which is based on 4 buy ratings, 6 hold ratings and 0 sell ratings.
What is Westlake Chemical Corp’s price target?
The average price target for Westlake Chemical Corp is $167.50. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $185.00 ,the lowest forecast is $154.00. The average price target represents 14.44% Increase from the current price of $146.36.
The highest analyst price target is $185.00 ,the lowest forecast is $154.00. The average price target represents 14.44% Increase from the current price of $146.36.
What do analysts say about Westlake Chemical Corp?
Westlake Chemical Corp’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of WLK?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.