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

Dowlais Group (LON:DWL)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a report issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 80 price target on the stock. Peel Hunt’s target price suggests a potential downside of 5.04% from the company’s previous close.

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

Dowlais Group Trading Up 0.5%

Shares of DWL opened at GBX 84.25 on Tuesday. The company’s fifty day simple moving average is GBX 80.53 and its 200-day simple moving average is GBX 73.31. The company has a market cap of £1.10 billion and a P/E ratio of -13.16. Dowlais Group has a twelve month low of GBX 46.98 and a twelve month high of GBX 85.85.

About Dowlais Group

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.