Dowlais Group’s (DWL) Hold Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Dowlais Group (LON:DWL) in a report released on Monday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 62 ($0.79) price target on the stock.

Separately, Citigroup raised Dowlais Group to a “neutral” rating and set a GBX 58 ($0.74) price objective on the stock in a report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 94 ($1.19).

Dowlais Group Stock Performance

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 firm has a 50 day simple moving average of GBX 53.80 and a 200 day simple moving average of GBX 63. The firm has a market capitalization of £757.52 million and a price-to-earnings ratio of -150.27.

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.