In recent stock market news, Truist Securities has announced updates regarding Westlake (WLK, Financial), a prominent player in the chemical industry. As of May 5, 2025, analyst Peter Osterland has maintained his 'Buy' rating for the stock. Despite this positive outlook, the price target for Westlake (WLK) has been adjusted.
The previous price target was set at USD 132.00, but Truist Securities has lowered this figure to USD 117.00. This reduction represents an 11.36% decrease in the projected valuation, reflecting current market conditions and expectations.
Investors should note this change as it highlights adjustments in the analysis despite the consistent 'Buy' rating. Westlake (WLK, Financial) remains a recommended stock, although its projected price target has been reevaluated according to the latest insights from analyst Peter Osterland at Truist Securities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Westlake Corp (WLK, Financial) is $117.56 with a high estimate of $135.00 and a low estimate of $100.00. The average target implies an upside of 48.74% from the current price of $79.04. More detailed estimate data can be found on the Westlake Corp (WLK) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Westlake Corp's (WLK, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Westlake Corp (WLK, Financial) in one year is $117.81, suggesting a upside of 49.05% from the current price of $79.04. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Westlake Corp (WLK) Summary page.
