Westlake Corporation with ticker code (WLK) now have 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between 150 and 107 suggesting an average Analsyt target price of $127.41. Given that the stocks previous close was at $116.17 this would indicate that there is a potential upside of 9.7%. It’s also worth noting that there is a 50 day moving average of $113.81 and the 200 day moving average is $107.18. The company has a market capitalization of 14.78B. The current stock price for Targa Resources Corp. is currently 115.76 USD
The potential market cap would be $16,205,343,359 based on the market consensus.
The company has a dividend yield of 2.92%. Other points of data to note are a P/E ratio of 7.95, revenue per share of 118.07 and a 8.03% return on assets.
Westlake Corporation is a manufacturer and supplier of materials and products that enhance life every day. The Company has operations in Asia, Europe, and North America. It provides building blocks for solutions from housing and construction to packaging and healthcare to automotive and the consumer. Its segments include Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. The Housing and Infrastructure Products include Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds and Westlake Dimex. Its products are used in diverse consumer and industrial markets, including residential construction, automotive products, water treatment, wind turbines, coatings as well as other durable and non-durable goods.
