Analyst Ratings for Westlake
Portfolio Pulse from Benzinga Insights
Westlake (NYSE:WLK) has received mixed analyst ratings in the last quarter, with 2 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target among 4 analysts is $139.5, with a high of $150.00 and a low of $129.00. This target is a 3.46% decrease from the previous target of $144.50. Analysts rate stocks based on future earnings potential and company risk, typically updating their ratings quarterly or after significant company events.
November 20, 2023 | 5:00 pm
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Westlake has a current average analyst price target of $139.5, which is a decrease of 3.46% from the previous target. The mixed analyst ratings indicate uncertainty, with a lean towards a positive outlook given the 2 somewhat bullish ratings.
The short-term impact on WLK's stock price may be neutral to slightly positive, given the mixed analyst ratings. The somewhat bullish sentiment could support the stock, but the decrease in the price target and the presence of a somewhat bearish rating introduce uncertainty. The importance is high as analyst ratings can influence investor sentiment, but not at the maximum because the ratings are mixed and not all are bullish. The confidence level is not at the maximum due to the mixed nature of the ratings, which does not provide a clear directional consensus.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100