Westlake (WLK) Stock Forecast & Price Target

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$148.55

-1.62 (-1.08%)

(As of 04/17/2024 ET)

Westlake Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Reduce
Based on 15 Analyst Ratings

Analysts' Consensus Price Target

$138.79
-6.57% Downside

High Forecast	$180.00
Average Forecast	$138.79
Low Forecast	$108.00

Type	Current Forecast 4/18/23 to 4/17/24	1 Month Ago 3/19/23 to 3/18/24	3 Months Ago 1/18/23 to 1/18/24	1 Year Ago 4/18/22 to 4/18/23
Consensus Rating	Reduce	Reduce	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	10 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$138.79	$131.31	$131.23	$121.93
Predicted Upside	-6.57% Downside	0.61% Upside	0.83% Upside	8.30% Upside

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WLK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WLK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Westlake Stock vs. The Competition

Type	Westlake	Basic Materials Companies	S&P 500
Consensus Rating Score	1.93	2.57	2.49
Consensus Rating	Reduce	Moderate Buy	Hold
Predicted Upside	-6.57% Downside	448.49% Upside	12.25% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$140.00 ➝ $162.00	+3.43%
4/8/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$154.00	-4.03%
4/4/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$142.00 ➝ $160.00	+0.95%
4/3/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$150.00 ➝ $180.00	+17.36%
2/26/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$139.00 ➝ $134.00	-1.82%
1/11/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$139.00 ➝ $145.00	+7.66%
Get the Latest News and Ratings for WLK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Westlake and its competitors with MarketBeat's FREE daily newsletter.
1/2/2024	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Hold
11/20/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$144.00 ➝ $150.00	+15.28%
10/18/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$142.00 ➝ $129.00	+3.11%
10/3/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Sector Weight
8/8/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underweight	$120.00 ➝ $123.00	-8.16%
8/7/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$130.00 ➝ $140.00	+5.61%
8/7/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$123.00 ➝ $133.00	+1.46%
7/19/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight ➝ Equal Weight	$110.00	-14.22%
5/9/2023	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Sell

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:07 AM ET.

WLK Price Target - Frequently Asked Questions

What is Westlake's consensus rating and price target?: According to the issued ratings of 15 analysts in the last year, the consensus rating for Westlake stock is Reduce based on the current 3 sell ratings, 10 hold ratings and 2 buy ratings for WLK. The average twelve-month price prediction for Westlake is $138.79 with a high price target of $180.00 and a low price target of $108.00. Learn more on WLK's analyst rating history.
Do Wall Street analysts like Westlake more than its competitors?: Analysts like Westlake less than other Basic Materials companies. The consensus rating for Westlake is Reduce while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how WLK compares to other companies.
Is Westlake being downgraded by Wall Street analysts?: Over the previous 90 days, Westlake's stock had 1 downgrade by analysts.

Does Westlake's stock price have much downside?: According to analysts, Westlake's stock has a predicted downside of -0.14% based on their 12-month stock forecasts.
What analysts cover Westlake?: Westlake has been rated by Barclays, Citigroup, Royal Bank of Canada, Vertical Research, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:WLK) was last updated on 4/17/2024 by MarketBeat.com Staff

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Westlake (WLK) Stock Forecast & Price Target

Westlake Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

WLK Analyst Ratings By Month

WLK Price Targets by Month

Westlake Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

WLK Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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