| Trian says DuPont shares could be worth more than $120 by 2017-end | |
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April 9 (Reuters) - Trian Fund Management LP, which is seeking four seats on DuPont's board, said the chemical company's shares could be worth more than $120 by the end of 2017. DuPont shares closed at $71.74 on the New York Stock Exchange on Wednesday. The stock should be trading at $78.90, according to StarMine's intrinsic valuation model, which takes analysts' five-year estimates and models the growth trajectory over a longer period of time. Activist investor Trian, which owns 24.6 million DuPont shares valued at about $1.8 billion, also on Thursday urged shareholders to vote for its chief executive, Nelson Peltz, and three other board nominees. DuPont in a separate statement urged shareholders to vote for all 12 of its existing directors. (Reporting by Swetha Gopinath in Bengaluru; Editing by Maju Samuel)
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du Pont de Nemours and Co
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CODE : DUPP.PA |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
du Pont de Nemours is based in United states of america. du Pont de Nemours is listed in France. Its market capitalisation is €UR 49.7 billions as of today (US$ 55.5 billions, € 49.6 billions). Its stock quote reached its lowest recent point on March 06, 2009 at €UR 10.03, and its highest recent level on March 20, 2015 at €UR 72.47. du Pont de Nemours has 876 409 984 shares outstanding. |