Dowlais Group plc (LON:DWL - Get Free Report)'s share price was up 7.7% on Wednesday . The stock traded as high as GBX 76 ($0.95) and last traded at GBX 73.60 ($0.92). Approximately 100,944,828 shares changed hands during trading, an increase of 386% from the average daily volume of 20,770,328 shares. The stock had previously closed at GBX 68.35 ($0.85).
Analyst Ratings Changes
Several equities research analysts have commented on DWL shares. Citigroup raised shares of Dowlais Group to a "neutral" rating and set a GBX 58 ($0.72) target price for the company in a research note on Thursday, October 24th. Berenberg Bank reissued a "hold" rating and issued a GBX 62 ($0.77) target price on shares of Dowlais Group in a research note on Monday, November 25th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of GBX 94 ($1.17).
Get Our Latest Report on DWL
Dowlais Group Stock Up 7.5 %
The company's fifty day moving average price is GBX 63.90 and its two-hundred day moving average price is GBX 60.88. The company has a market cap of £999.60 million and a price-to-earnings ratio of -198.65.
Dowlais Group Company Profile
(
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Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.
Further Reading
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