Westlake Chemical Partners - WLKP Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $28.33
  • Forecasted Upside: 22.39 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$23.15
▲ +0.16 (0.70%)

This chart shows the closing price for WLKP by one month, three months, or twelve months.

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Analyst Price Target for WLKP

Analyst Price Target is $28.33
▲ +22.39% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Westlake Chemical Partners in the last 3 months. The average price target is $28.33, with a high forecast of $32.00 and a low forecast of $24.00. The average price target represents a 22.39% upside from the last price of $23.15.

This chart shows the closing price for WLKP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in Westlake Chemical Partners. This rating has held steady since July 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/7/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/6/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
3/6/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/4/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/1/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/18/2022Deutsche Bank AktiengesellschaftLower TargetBuy$30.00 ➝ $29.00Low
10/4/2022CitigroupLower Target$25.00 ➝ $24.00Low
8/8/2022CitigroupLower Target$27.00 ➝ $25.00Low
5/16/2022Deutsche Bank AktiengesellschaftLower Target$31.00 ➝ $30.00Medium
5/9/2022BarclaysBoost Target$31.00 ➝ $32.00High
3/2/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$30.00 ➝ $31.00Medium
7/16/2021Bank of AmericaDowngradeBuy ➝ Underperform$27.00Low
7/16/2021Bank of AmericaUpgradeUnderperform ➝ BuyLow
5/6/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$26.00 ➝ $30.00High
3/24/2021UBS GroupReiterated RatingBuy ➝ Neutral$23.00 ➝ $25.00Medium
3/18/2021UBS GroupDowngradeBuy ➝ Neutral$23.00 ➝ $25.00Low
2/24/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy$22.00 ➝ $26.00High
8/20/2020Tudor PickeringUpgradeSell ➝ Hold$21.00High
5/5/2020Deutsche Bank AktiengesellschaftLower TargetBuy$26.00 ➝ $22.00Medium
5/5/2020CitigroupLower TargetNeutral$24.50 ➝ $19.00Medium
2/24/2020BarclaysReiterated RatingBuy$29.00Medium
10/9/2019CitigroupDowngradeBuy ➝ Neutral$26.00 ➝ $23.00Low
9/13/2019BarclaysUpgradeEqual Weight ➝ Overweight$27.00High
11/8/2018CitigroupSet TargetBuy$27.00Low
6/20/2018Sanford C. BernsteinInitiated CoverageMarket Perform$25.00Medium
3/2/2018UBS GroupReiterated RatingBuy ➝ Buy$28.00 ➝ $29.00Low
2/20/2018B. RileySet TargetHold$26.00Low
1/3/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuyLow
12/20/2017BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$26.00Low
12/18/2017B. RileySet TargetNeutral ➝ Neutral$26.00Low
12/6/2017Tudor PickeringDowngradeBuy ➝ HoldHigh
12/5/2017CitigroupInitiated CoverageBuy ➝ Buy$25.50Medium
(Data available from 12/1/2017 forward)

News Sentiment Rating

0.32 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/5/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/4/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/4/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/3/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/2/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/2/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/1/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
12/1/2022

Current Sentiment

  • 3 very positive mentions
  • 3 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
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 either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.
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Today's Range

Now: $23.15
Low: $22.51
High: $23.20

50 Day Range

MA: $22.64
Low: $19.93
High: $23.76

52 Week Range

Now: $23.15
Low: $19.71
High: $29.40

Volume

20,446 shs

Average Volume

48,632 shs

Market Capitalization

$815.39 million

P/E Ratio

10.57

Dividend Yield

8.22%

Beta

1

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: Barclays PLC, Citigroup Inc., Deutsche Bank Aktiengesellschaft, and StockNews.com.
View the latest analyst ratings for WLKP.

What is the current price target for Westlake Chemical Partners?

3 Wall Street analysts have set twelve-month price targets for Westlake Chemical Partners in the last year. Their average twelve-month price target is $28.33, suggesting a possible upside of 22.4%. Barclays PLC has the highest price target set, predicting WLKP will reach $32.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $24.00 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 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe WLKP will outperform the market and that investors should add to their positions of Westlake Chemical Partners.
View the latest ratings for WLKP.

What other companies compete with Westlake Chemical Partners?

Other companies that are similar to Westlake Chemical Partners include Amyris, Gores Holdings VIII, Green Plains, Methanex and NewMarket. Learn More about companies similar to Westlake Chemical Partners.

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. Learn More about contacing Westlake Chemical Partners investor relations.