Dowlais Group (LON:DWL) Trading Down 0% – What’s Next?

Shares of Dowlais Group plc (LON:DWL) traded down 0% during trading on Wednesday . The company traded as low as GBX 63.70 ($0.80) and last traded at GBX 63.93 ($0.80). 4,103,913 shares traded hands during trading, a decline of 46% from the average session volume of 7,627,701 shares. The stock had previously closed at GBX 63.95 ($0.80).

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DWL. Citigroup raised Dowlais Group to a “neutral” rating and set a GBX 58 ($0.73) target price on the stock in a research report on Thursday, October 24th. Berenberg Bank restated a “hold” rating and set a GBX 62 ($0.78) price target on shares of Dowlais Group in a research note on Monday, November 25th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Dowlais Group has an average rating of “Hold” and a consensus price target of GBX 94 ($1.18).

Dowlais Group Trading Up 1.6 %

The firm has a market cap of £884 million and a PE ratio of -175.68. The stock’s 50 day moving average price is GBX 55.69 and its 200 day moving average price is GBX 62.01.

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.