Dowlais Group (DWL)

Sector:

Engineering

71.30p
   
  • Change Today:
      2.55p
  • 52 Week High: 73.50
  • 52 Week Low: 47.84
  • Currency: UK Pounds
  • Shares Issued: 1,316.66m
  • Volume: 5,484,503
  • Market Cap: £938.78m
  • RiskGrade: 417
  • Beta: 0.01

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.

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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 71.30p
Change Today 2.55p
% Change 3.71 %
52 Week High 73.50
52 Week Low 47.84
Volume 5,484,503
Shares Issued 1,316.66m
Market Cap £938.78m
Beta 0.01
RiskGrade 417

Dowlais Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.01% above the market average94.01% above the market average94.01% above the market average94.01% above the market average94.01% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
11.28% below the market average11.28% below the market average11.28% below the market average11.28% below the market average11.28% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Income
70.52% above the market average70.52% above the market average70.52% above the market average70.52% above the market average70.52% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
52.87% below the market average52.87% below the market average52.87% below the market average52.87% below the market average52.87% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average

Dowlais Group Dividends

  Latest Previous
  Final Interim
Ex-Div 17-Apr-25 29-Aug-24
Paid 29-May-25 04-Oct-24
Amount 2.80p 1.40p

Trades for 14-Jul-2025

Time Volume / Share Price
16:54 186,767 @ 71.30p
16:35 682,268 @ 71.30p
16:35 544 @ 71.30p
16:35 1,258 @ 71.30p
16:35 1,467 @ 71.30p

Dowlais Group Key Personnel

CEO Liam Butterworth
CFO Roberto Fioroni

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