Dowlais Group (LON:DWL) Given New GBX 94 Price Target at Royal Bank Of Canada

Dowlais Group (LON:DWL) had its price objective hoisted by Royal Bank Of Canada from GBX 85 to GBX 94 in a report issued on Tuesday morning,London Stock Exchange reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Separately, Peel Hunt reiterated a “hold” rating and set a GBX 80 price objective on shares of Dowlais Group in a research report on Tuesday, November 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 83.

Dowlais Group Stock Performance

Shares of DWL opened at GBX 93 on Tuesday. The business’s 50 day moving average is GBX 85.59 and its 200 day moving average is GBX 80.22. Dowlais Group has a 12-month low of GBX 46.98 and a 12-month high of GBX 95.40. The company has a market capitalization of £1.22 billion and a PE ratio of -14.53.

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. The company is also involved in the production of metal powders and powder metal parts for the automotive and industrial sectors, as well as the provision of hydrogen storage solutions.