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NYSE:WLKP - Westlake Chemical Partners Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $22.75
  • Forecasted Upside: -14.02 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$26.46 As of 04/16/2021 01:00 AM ET
▲ +0.7 (2.72%)
1 month | 3 months | 12 months
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Analyst Price Target for WLKP

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$22.75
▼ -14.02% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Westlake Chemical Partners in the last 3 months. The average price target is $22.75, with a high forecast of $26.00 and a low forecast of $19.00. The average price target represents a -14.02% upside from the last price of $26.46.
Hold
The current consensus among 4 investment analysts is to hold stock in Westlake Chemical Partners. This rating has held steady since February 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/22/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/20/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/24/2021UBS GroupReiterated RatingBuy ➝ Neutral$23.00 ➝ $25.00Medium
i
3/18/2021UBS GroupDowngradeBuy ➝ Neutral$23.00 ➝ $25.00Low
i
2/24/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy$22.00 ➝ $26.00High
i
8/20/2020Tudor PickeringUpgradeSell ➝ Hold$21.00High
i
5/5/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$26.00 ➝ $22.00Medium
i
5/5/2020CitigroupLower Price TargetNeutral$24.50 ➝ $19.00Medium
i
2/24/2020BarclaysReiterated RatingBuy$29.00Medium
i
Rating by Michael Leithead at Barclays PLC
10/9/2019CitigroupDowngradeBuy ➝ Neutral$26.00 ➝ $23.00Low
i
9/13/2019BarclaysUpgradeEqual Weight ➝ Overweight$27.00High
i
11/8/2018CitigroupSet Price TargetBuy$27.00Low
i
Rating by Eric Petrie at Citigroup Inc.
6/20/2018Sanford C. BernsteinInitiated CoverageMarket Perform$25.00Medium
i
3/2/2018UBS GroupReiterated RatingBuy ➝ Buy$28.00 ➝ $29.00Low
i
2/20/2018B. RileySet Price TargetHold$26.00Low
i
Rating by Robert Balsamo at B. Riley
1/3/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuyLow
i
12/20/2017BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$26.00Low
i
12/18/2017B. RileySet Price TargetNeutral ➝ Neutral$26.00Low
i
Rating by Robert Balsamo at B. Riley
12/6/2017Tudor PickeringDowngradeBuy ➝ HoldHigh
i
12/5/2017CitigroupInitiated CoverageBuy ➝ Buy$25.50Medium
i
4/12/2017(FBRC)Boost Price TargetOutperform$28.00 ➝ $30.00Low
i
1/24/2017(FBRC)Reiterated RatingBuyN/A
i
1/20/2017Tudor PickeringUpgradeHold ➝ BuyN/A
i
12/29/2016(FBRC)Reiterated RatingOutperform$28.00N/A
i
10/14/2016Tudor PickeringInitiated CoverageHold$23.00N/A
i
9/9/2016(FBRC)Initiated CoverageOutperform$28.00N/A
i
(Data available from 4/19/2016 forward)
Westlake Chemical Partners logo
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was founded in 2014 and is headquartered in Houston, Texas.
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Today's Range

Now: $26.46
$26.45
$27.16

50 Day Range

MA: $24.40
$23.25
$25.76

52 Week Range

Now: $26.46
$14.65
$27.16

Volume

438,900 shs

Average Volume

122,956 shs

Market Capitalization

$931.37 million

P/E Ratio

14.38

Dividend Yield

7.14%

Beta

1.06

Frequently Asked Questions

What sell-side analysts currently cover shares of Westlake Chemical Partners?

The following sell-side analysts have issued reports on Westlake Chemical Partners in the last year: Citigroup Inc., Deutsche Bank Aktiengesellschaft, TheStreet, Tudor Pickering, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for WLKP.

What is the current price target for Westlake Chemical Partners?

4 Wall Street analysts have set twelve-month price targets for Westlake Chemical Partners in the last year. Their average twelve-month price target is $22.75, suggesting a possible downside of 14.0%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting WLKP will reach $26.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $19.00 for Westlake Chemical Partners in the next year.
View the latest price targets for WLKP.

What is the current consensus analyst rating for Westlake Chemical Partners?

Westlake Chemical Partners currently has 3 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WLKP, but not buy more shares or sell existing shares.
View the latest ratings for WLKP.

What other companies compete with Westlake Chemical Partners?

Other companies that are similar to Westlake Chemical Partners include Sensient Technologies, Methanex, Renewable Energy Group, Codexis, Gevo, Cyclo Therapeutics, Green Plains, SolarWindow Technologies, FutureFuel, Aemetis, REX American Resources, Alto Ingredients, Green Plains Partners, Sino United Worldwide Consolidated and TOMI Environmental Solutions.

How do I contact Westlake Chemical Partners' investor relations team?

Westlake Chemical Partners' physical mailing address is 2801 POST OAK BOULEVARD SUITE 600, HOUSTON TX, 77056. The basic materials company's listed phone number is 713-585-2900 and its investor relations email address is [email protected] The official website for Westlake Chemical Partners is www.wlkpartners.com.