Royal Bank Of Canada Downgrades Dowlais Group (LON:DWL) to Sector perform

Dowlais Group (LON:DWL) was downgraded by equities research analysts at Royal Bank Of Canada to a “sector perform” rating in a research report issued on Tuesday, Marketbeat reports.

Separately, Jefferies Financial Group reissued a “hold” rating and set 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 presently has an average rating of “Hold” and an average price target of GBX 65.

Dowlais Group Price Performance

Shares of DWL stock opened at GBX 76.20 on Tuesday. The firm has a market cap of £1.03 billion and a price-to-earnings ratio of -2.00. The company’s 50 day moving average is GBX 70.60 and its 200 day moving average is GBX 66.09. Dowlais Group has a 52-week low of GBX 46.98 and a 52-week high of GBX 79.55.

Dowlais Group (LON:DWL) last posted 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%. Analysts anticipate that Dowlais Group will post 13.5660848 EPS 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.