Dowlais Group (LON:DWL) Earns Hold Rating from Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Dowlais Group (LON:DWL) in a research note published on Monday morning, Marketbeat Ratings reports. They currently have a GBX 62 ($0.79) target price on the stock.

Separately, Citigroup raised Dowlais Group to a “neutral” rating and set a GBX 58 ($0.74) target price for the company in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 94 ($1.19).

Dowlais Group Price Performance

The stock has a market cap of £757.52 million and a P/E ratio of -150.27. Dowlais Group has a 1-year low of GBX 47.32 ($0.60) and a 1-year high of GBX 109.15 ($1.38). The company has a 50-day moving average price of GBX 53.80 and a two-hundred day moving average price of GBX 63.

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.