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Enter Symbol:
 
Westlake Chemical Corporation (WLK) [hlAlert]

Rating:
Outperform
WLK
up 3.31 %

Westlake Chemical Corporation (WLK) rated Outperform by Wells Fargo

Posted on: Tuesday,  Oct 1, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Westlake Chemical Corporation (NYSE: WLK) on 10/01/2013, when the stock price was $52.87. Since
then, Westlake Chemical Corporation has gained 3.32% as of 01/08/2016's recent price of $54.62.
If you would have followed this Wells Fargo's recommendation on WLK, you would have gained 3.31% of your investment in 829 days.

Westlake Chemical Corporation is a manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated products. The Company’s products include some of the chemicals fundamental to many diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, residential and commercial construction, as well as other durable and non-durable goods. The Company operates in two principal business segments: Olefins and Vinyls. It is a producer of vinyls with downstream integration into polyvinyl chloride (PVC) fabricated products. Westlake Chemical Corporation has a 59% interest in a joint venture in China that operates a vinyls facility.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2013 8:25 AM Buy
None
52.87
as of 12/13/2013
1 Week down  -1.86 %
1 Month down  -2.40 %
3 Months up  6.65 %
1 YTD up  6.65 %

(*) Stock Price at the time of the recommendation.
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