In a report released yesterday, Colin Langan from Wells Fargo maintained a Hold rating on Dana Holding (DAN – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $13.81.
According to TipRanks, Langan is an analyst with an average return of -5.3% and a 47.84% success rate. Langan covers the Consumer Cyclical sector, focusing on stocks such as General Motors, Ford Motor, and Autoliv.
Currently, the analyst consensus on Dana Holding is a Moderate Buy with an average price target of $17.00.
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DAN market cap is currently $1.99B and has a P/E ratio of -19.31.
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Dana Holding (DAN) Company Description:
Dana, Inc. engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products. It operates through the following segments: Light Vehicle, Commercial Vehicle, Off-Highway, and Power Technologies. The Light Vehicle segment includes drivetrain systems and components for passenger cars, crossovers, sport utility vehicles, vans, and light trucks. The Commercial Vehicle segment comprises of drivetrain and tire-pressure management systems, as well as genuine service parts, for medium and heavy-duty commercial vehicles. The Off-Highway segment offers drivetrain systems and individual product solutions under Spicer brand, and motion systems for associated machine working functions and stationary industrial equipment under Brevini brand. The Power Technologies segment consists of sealing solutions and thermal management technologies for reducing fuel consumption and emissions. The company was founded by Clarence W. Spicer on April 1, 1904 and is headquartered in Maumee, OH.
Read More on DAN:
- Dana price target lowered to $16 from $17 at Barclays
- Dana price target lowered to $14 from $16 at Wells Fargo
- Dana sees FY23 adjusted EPS 80c with strike through October, consensus 81c
- Dana reports Q3 adjusted EPS 30c, consensus 13c
- Dana Incorporated Reports 2023 Third-quarter Financial Results, Achieves Robust Sales and Profit Growth, Maintains Full-year Sales and Profit Guidance
