Dana Incorporated – Consensus ‘Hold’ rating and 6.8% Upside Potential

Broker Ratings
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Dana Incorporated which can be found using ticker (DAN) have now 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 18 and 14 with the average target price sitting at $15.83. Given that the stocks previous close was at $14.82 this indicates there is a potential upside of 6.8%. There is a 50 day moving average of $15.66 and the 200 moving average now moves to $15.61. The market capitalization for the company is $2,130m. You can visit the company’s website by visiting: https://www.dana.com

The potential market cap would be $2,275m based on the market consensus.

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.

The company has a dividend yield of 2.7% with the ex dividend date set at 2-3-2023 (DMY).

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