Downer EDI Limited Given Hold Rating at Shaw Stockbroking (DOW)
Shares of Downer EDI Limited (ASX:DOW) traded up 0.22% on Thursday, hitting A$4.500. 3,827,179 shares of the company’s stock traded hands. Downer EDI Limited has a 1-year low of A$3.270 and a 1-year high of A$5.590. The stock has a 50-day moving average of A$5.13 and a 200-day moving average of A$4.94. The company has a market cap of A$1.956 billion and a P/E ratio of 10.25.
DOW has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Downer EDI Limited in a research note on Thursday, June 12th. They now have a $6.04 price target on the stock, up previously from $6.02. Separately, analysts at CIMB reiterated an “add” rating on shares of Downer EDI Limited in a research note on Wednesday, April 23rd. They now have a $5.99 price target on the stock. Finally, analysts at CIMB reiterated an “add” rating on shares of Downer EDI Limited in a research note on Tuesday, April 15th. They now have a $5.99 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Downer EDI Limited currently has a consensus rating of “Buy” and a consensus target price of A$75.68 ($71.39).
Downer EDI Limited provides engineering, construction and asset management services to customers in the Minerals & Metals, Oil & Gas, Power, Transport, Telecommunications, Water and Property sectors.
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