UBS analyst Joseph Spak maintained a Buy rating on Dana Incorporated on October 3 and set a price target of $25.00. The company’s shares closed last Friday at $19.93.
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According to TipRanks, Spak is an analyst with an average return of -9.1% and a 47.39% success rate. Spak covers the Consumer Cyclical sector, focusing on stocks such as General Motors, Tesla, and Adient.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dana Incorporated with a $23.13 average price target.
Based on Dana Incorporated’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.94 billion and a net profit of $27 million. In comparison, last year the company earned a revenue of $2.74 billion and had a net profit of $16 million
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAN in relation to earlier this year.
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- Dana price target raised to $19 from $18 at Wells Fargo
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