Dana Holding Given Average Rating of “Hold” by Brokerages (NYSE:DAN)
Shares of Dana Holding (NYSE:DAN) have earned a consensus rating of “Hold” from the twelve brokerages that are presently covering the company, AR Network reports. Six research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $23.97.
Shares of Dana Holding (NYSE:DAN) opened at 23.85 on Thursday. Dana Holding has a 52-week low of $18.06 and a 52-week high of $24.69. The stock has a 50-day moving average of $23.32 and a 200-day moving average of $21.66. The company’s market cap is $3.739 billion.
Dana Holding (NYSE:DAN) last released its earnings data on Friday, April 25th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.07. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up .7% on a year-over-year basis. On average, analysts predict that Dana Holding will post $1.82 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on DAN shares. Analysts at Zacks upgraded shares of Dana Holding from an “underperform” rating to a “neutral” rating in a research note on Monday, June 30th. They now have a $24.70 price target on the stock. Finally, analysts at RBC Capital cut their price target on shares of Dana Holding from $28.00 to $27.00 in a research note on Monday, April 28th. They now have an “outperform” rating on the stock.
Dana Holding Corporation is global provider of technology driveline, sealing and thermal-management products for vehicle manufacturer in the on-highway and off-highway markets.
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