▼ -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.
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.
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.