Dowlais Group's (DWL) Sector perform Rating Reaffirmed at Royal Bank Of Canada

Key Points

• Dowlais Group has had its "sector perform" rating reaffirmed by Royal Bank of Canada, which set a target price of GBX 77, indicating a potential downside of 2.53% from its current price.
• The company currently has a consensus rating of "Hold" among four analysts with an average price target of GBX 68.
• As of the latest earnings report, Dowlais Group posted GBX 5.60 earnings per share but has a negative return on equity of 21.02% and a negative net margin of 11.24%.

Royal Bank Of Canada reiterated their sector perform rating on shares of Dowlais Group (LON:DWL - Free Report) in a research report released on Wednesday, Marketbeat reports. Royal Bank Of Canada currently has a GBX 77 price target on the stock.

Separately, Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 75 target price on shares of Dowlais Group in a research note on Thursday, August 7th. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of GBX 68.

Dowlais Group Trading Down 0.6%

Shares of DWL stock traded down GBX 0.50 during trading hours on Wednesday, reaching GBX 79.50. The stock had a trading volume of 2,011,016 shares, compared to its average volume of 8,506,803. The stock's fifty day simple moving average is GBX 74.55 and its 200 day simple moving average is GBX 67.09. Dowlais Group has a 12 month low of GBX 46.98 and a 12 month high of GBX 80.60. The firm has a market capitalization of £1.04 billion and a PE ratio of -1,242.19.

Dowlais Group (LON:DWL - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported GBX 5.60 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, equities research analysts anticipate that Dowlais Group will post 13.5660848 EPS for the current fiscal year.

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.