tiprankstipranks
Trending News
More News >

BNP Paribas Increases Stake in Dowlais Group PLC

Story Highlights
BNP Paribas Increases Stake in Dowlais Group PLC

Don’t Miss TipRanks’ Half-Year Sale

Dowlais Group PLC ( (GB:DWL) ) has issued an update.

Dowlais Group PLC, a UK-based issuer, has reported a change in major holdings due to BNP Paribas SA’s acquisition and disposal of voting rights and financial instruments. This notification indicates that BNP Paribas now holds a total of 6.710014% of the voting rights in Dowlais Group, an increase from their previous position of 5.008598%. This change in holdings could potentially impact the company’s governance and decision-making processes, reflecting BNP Paribas’s increased influence within the company.

The most recent analyst rating on (GB:DWL) stock is a Buy with a £80.00 price target. To see the full list of analyst forecasts on Dowlais Group PLC stock, see the GB:DWL Stock Forecast page.

Spark’s Take on GB:DWL Stock

According to Spark, TipRanks’ AI Analyst, GB:DWL is a Neutral.

Dowlais Group PLC’s stock is buoyed by strong technical momentum and positive corporate events, which enhance confidence. However, financial challenges and mixed valuation signals moderate the overall score, highlighting areas for potential improvement.

To see Spark’s full report on GB:DWL stock, click here.

More about Dowlais Group PLC

Average Trading Volume: 5,653,046

Technical Sentiment Signal: Buy

Current Market Cap: £885M

Learn more about DWL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1