Dowlais Group (LON:DWL – Get Free Report) had its price objective decreased by stock analysts at JPMorgan Chase & Co. from GBX 100 ($1.27) to GBX 90 ($1.14) in a report issued on Monday, LSE.Co.UK reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 27.30% from the stock’s current price.
Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 150 ($1.90) price target on shares of Dowlais Group in a report on Friday, March 22nd.
View Our Latest Research Report on DWL
Dowlais Group Trading Down 3.3 %
Insider Transactions at Dowlais Group
In other Dowlais Group news, insider Celia Baxter bought 26,566 shares of Dowlais Group stock in a transaction dated Tuesday, June 25th. The stock was acquired at an average cost of GBX 75 ($0.95) per share, with a total value of £19,924.50 ($25,275.28). In other news, insider Shali Vasudeva bought 24,215 shares of Dowlais Group stock in a transaction on Monday, April 15th. The stock was acquired at an average price of GBX 82 ($1.04) per share, with a total value of £19,856.30 ($25,188.76). Also, insider Celia Baxter bought 26,566 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The stock was purchased at an average price of GBX 75 ($0.95) per share, for a total transaction of £19,924.50 ($25,275.28). Corporate insiders own 1.71% of the company’s stock.
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.
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