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

Key Points

• Jefferies Financial Group has reaffirmed a "hold" rating for Dowlais Group (LON:DWL) with a price target of GBX 75 ($1.00), indicating a potential upside of 5.96% from its previous close.
• The current market capitalization of Dowlais Group is approximately £957.19 million, with a P/E ratio of -1.86.
• Dowlais Group specializes in manufacturing automotive parts, including drive systems for both conventional and electric vehicles, across regions such as the Americas, Europe, and Asia.

Dowlais Group (LON:DWL - Get Free Report)'s stock had its "hold" rating reissued by research analysts at Jefferies Financial Group in a report issued on Thursday, August 7th, MarketBeat.com reports.

Dowlais Group Trading Down 0.7%

Dowlais Group stock opened at GBX 76.25 ($1.03) on Thursday. The stock has a market cap of £1.03 billion and a P/E ratio of -2.01. The company has a fifty day simple moving average of GBX 70.25 and a 200-day simple moving average of GBX 65.95. Dowlais Group has a 12-month low of GBX 46.98 ($0.63) and a 12-month high of GBX 79.55 ($1.07).

Dowlais Group (LON:DWL - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported GBX 5.60 ($0.08) earnings per share (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, sell-side analysts forecast that Dowlais Group will post 13.5660848 earnings per share for the current fiscal year.

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.