Dowlais Group (DWL)

Sector:

Engineering

73.00p
   
  • Change Today:
      1.05p
  • 52 Week High: 128.65
  • 52 Week Low: 68.55
  • Currency: UK Pounds
  • Shares Issued: 1,384.52m
  • Volume: 663,120
  • Market Cap: £1,010.70m
  • RiskGrade: 417

Barclays starts coverage of Dowlais at 'overweight'

By Michele Maatouk

Date: Friday 16 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage of Dowlais on Friday with an 'overweight' rating and 110p price target.
"We believe that Dowlais 'ticks the right boxes', screening strongly against several key criteria that we expect investors to look for in 2024 in the EU Supplier space, including strong earnings momentum, an attractive powertrain story, and possible corporate actions," the bank said.

Automotive engineer Dowlais was spun off from Melrose Industries in April 2023 so that it could concentrate on the GKN Aerospace business.

At 0935 GMT, the shares were up 4.7% at 92.06p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Dowlais Group Market Data

Currency UK Pounds
Share Price 73.00p
Change Today 1.05p
% Change 1.46 %
52 Week High 128.65
52 Week Low 68.55
Volume 663,120
Shares Issued 1,384.52m
Market Cap £1,010.70m
RiskGrade 417

Dowlais Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.92% above the market average95.92% above the market average95.92% above the market average95.92% above the market average95.92% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average
Price Trend
52.03% below the market average52.03% below the market average52.03% below the market average52.03% below the market average52.03% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Income
70.24% above the market average70.24% above the market average70.24% above the market average70.24% above the market average70.24% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Growth
14.65% below the market average14.65% below the market average14.65% below the market average14.65% below the market average14.65% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average

Dowlais Group Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 21-Sep-23
Paid 30-May-24 27-Oct-23
Amount 2.80p 1.40p

Trades for 11-Jun-2024

Time Volume / Share Price
09:00 11,200 @ 73.03p
08:59 1,000 @ 73.00p
08:58 1,856 @ 73.00p
08:58 1,750 @ 73.00p
08:58 4,813 @ 73.00p

Dowlais Group Key Personnel

CEO Liam Butterworth
CFO Roberto Fioroni

Top of Page