Dowlais Group's (DWL) "Hold" Rating Reiterated at Berenberg Bank

Dowlais Group (LON:DWL - Get Free Report)'s stock had its "hold" rating reiterated by equities researchers at Berenberg Bank in a research note issued to investors on Monday, Marketbeat reports. They presently have a GBX 62 ($0.78) target price on the stock. Berenberg Bank's price target points to a potential upside of 11.51% from the company's previous close.

Separately, Citigroup upgraded shares of Dowlais Group to a "neutral" rating and set a GBX 58 ($0.73) target price for the company in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of GBX 94 ($1.18).

Dowlais Group Price Performance

LON DWL traded down GBX 0.20 ($0.00) on Monday, reaching GBX 55.60 ($0.70). The company had a trading volume of 2,928,319 shares, compared to its average volume of 7,825,848. Dowlais Group has a 1 year low of GBX 47.32 ($0.59) and a 1 year high of GBX 109.15 ($1.37). The firm has a market capitalization of £756.16 million and a PE ratio of -150.00. The firm has a 50-day moving average of GBX 53.95 and a 200-day moving average of GBX 63.15.

Dowlais Group Company Profile

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.