Jefferies Financial Group Reaffirms Hold Rating for Dowlais Group (LON:DWL)

Dowlais Group (LON:DWL)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a research report issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 75 ($1.01) price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 0.25% from the stock’s previous close.

Dowlais Group Trading Up 5.6%

DWL stock opened at GBX 74.81 ($1.01) on Thursday. The stock has a market capitalization of £1.01 billion and a P/E ratio of -1.97. Dowlais Group has a 12 month low of GBX 46.98 ($0.63) and a 12 month high of GBX 77.35 ($1.04). The firm has a 50-day moving average price of GBX 69 and a 200-day moving average price of GBX 65.71.

Dowlais Group (LON:DWL) last posted its earnings results on Thursday, August 7th. The company reported GBX 5.60 ($0.08) EPS for the quarter. Dowlais Group had a negative net margin of 11.24% and a negative return on equity of 21.02%. As a group, equities analysts predict that Dowlais Group will post 13.5660848 EPS for the current fiscal year.

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.