Dowlais Group Plc 42.1% potential upside indicated by JP Morgan

Dowlais Group Plc with ticker (LON:DWL) now has a potential upside of 42.1% according to JP Morgan.



JP Morgan Cazenove set a target price of 160 GBX for the company, which when compared to the Dowlais Group Plc share price of 113 GBX at opening today (19/09/2023) indicates a potential upside of 42.1%. Trading has ranged between 105 (52 week low) and 148 (52 week high) with an average of 2,837,874 shares exchanging hands daily. The market capitalisation at the time of writing is £1,622,466,365.

Dowlais Group plc is a United Kingdom-based specialist engineering group focused on the automotive sector. The Company’s businesses include GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen. GKN Automotive is a global automotive technology company focused on electric drive systems. GKN Automotive is engaged in the development of high-performance e-drive systems for volume production. GKN Automotive is a full-system all-wheel-drive supplier and integration partner for global automakers. GKN Automotive’s solutions enable electric vehicles (EVs) to regenerate more energy. GKN Powder Metallurgy is engaged in powder metallurgy. GKN Powder Metallurgy’s businesses include GKN Powders-Hoeganaes, GKN Sinter Metals, GKN Additive, and others. GKN Hydrogen offers hydrogen storage solutions. GKN Hydrogen balances supply and demand, producing and storing renewable energy for a range of automotive and industrial purposes.