Dowlais Group (LON:DWL) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Dowlais Group (LON:DWL) had its price objective hoisted by Jefferies Financial Group from GBX 7,760 to GBX 9,370 in a note issued to investors on Friday,London Stock Exchange reports. The brokerage currently has a “hold” rating on the stock.

Separately, Peel Hunt restated a “hold” rating and issued a GBX 80 target price on shares of Dowlais Group in a report on Tuesday, November 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Dowlais Group presently has a consensus rating of “Hold” and an average price target of GBX 3,175.67.

Dowlais Group Stock Performance

LON:DWL opened at GBX 95.59 on Friday. The stock’s fifty day moving average is GBX 86.12 and its 200 day moving average is GBX 80.46. The firm has a market capitalization of £1.25 billion and a PE ratio of -14.94. Dowlais Group has a fifty-two week low of GBX 46.98 and a fifty-two week high of GBX 98.90.

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.