Dana Incorporated (NYSE:DAN) Receives $17.14 Consensus Target Price from Analysts

Dana Incorporated (NYSE:DANGet Free Report) has been given a consensus rating of “Hold” by the six analysts that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $17.14.

A number of equities research analysts have recently weighed in on the stock. StockNews.com lowered shares of Dana from a “buy” rating to a “hold” rating in a report on Monday, October 16th. JPMorgan Chase & Co. decreased their price target on Dana from $21.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, January 25th. Finally, Barclays dropped their price objective on Dana from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 1st.

Read Our Latest Research Report on DAN

Institutional Trading of Dana

Large investors have recently made changes to their positions in the company. Strs Ohio increased its stake in Dana by 1.6% in the 3rd quarter. Strs Ohio now owns 58,000 shares of the auto parts company’s stock valued at $850,000 after buying an additional 900 shares during the period. Yousif Capital Management LLC increased its stake in shares of Dana by 3.1% during the second quarter. Yousif Capital Management LLC now owns 73,620 shares of the auto parts company’s stock worth $1,252,000 after acquiring an additional 2,198 shares during the period. Captrust Financial Advisors raised its holdings in Dana by 121.5% during the second quarter. Captrust Financial Advisors now owns 5,502 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 3,018 shares in the last quarter. Rhumbline Advisers lifted its position in Dana by 1.5% in the first quarter. Rhumbline Advisers now owns 427,547 shares of the auto parts company’s stock valued at $7,512,000 after purchasing an additional 6,465 shares during the period. Finally, Cornerstone Investment Partners LLC purchased a new stake in Dana in the 2nd quarter valued at approximately $189,000. 96.60% of the stock is owned by institutional investors and hedge funds.

Dana Stock Up 0.9 %

DAN stock opened at $13.62 on Thursday. Dana has a fifty-two week low of $11.10 and a fifty-two week high of $19.75. The company’s 50 day moving average price is $13.86 and its 200 day moving average price is $14.34. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.94 and a current ratio of 1.58. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of -18.92 and a beta of 2.55.

About Dana

(Get Free Report

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies.

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Analyst Recommendations for Dana (NYSE:DAN)

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