Dowlais Group (LON:DWL) Receives Hold Rating from Peel Hunt

Dowlais Group (LON:DWL)‘s stock had its “hold” rating reissued by Peel Hunt in a research note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 80 price target on the stock. Peel Hunt’s price target indicates a potential downside of 4.25% from the stock’s current price.

Several other research analysts have also recently commented on DWL. Jefferies Financial Group reiterated a “hold” rating and set a GBX 75 price target on shares of Dowlais Group in a report on Thursday, August 7th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 77 target price on shares of Dowlais Group in a research note on Wednesday, September 10th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Dowlais Group presently has a consensus rating of “Hold” and an average price target of GBX 73.50.

Dowlais Group Trading Up 0.7%

Dowlais Group stock traded up GBX 0.55 during midday trading on Tuesday, reaching GBX 83.55. 8,365,268 shares of the stock traded hands, compared to its average volume of 7,478,789. The company has a 50-day simple moving average of GBX 80.33 and a two-hundred day simple moving average of GBX 73.04. Dowlais Group has a 12-month low of GBX 46.98 and a 12-month high of GBX 85.85. The firm has a market cap of £1.10 billion and a PE ratio of -13.05.

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.