Barclays Thinks Dana Holding’s Stock is Going to Recover


Barclays analyst Brian Johnson maintained a Buy rating on Dana Holding (DAN) on January 4 and set a price target of $23. The company’s shares closed on Friday at $14.83, close to its 52-week low of $12.65.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.7% and a 47.8% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dana Holding with a $20.22 average price target, representing a 36.3% upside. In a report issued on January 4, UBS also upgraded the stock to Buy with a $19 price target.

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The company has a one-year high of $35.27 and a one-year low of $12.65. Currently, Dana Holding has an average volume of 1.92M.

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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.

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