Dowlais Group PLC, the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Vanessa Jeffriess from Jefferies downgraded the rating on the stock to a Hold and gave it a p75.00 price target.
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Vanessa Jeffriess’s rating is based on the recent developments surrounding the merger involving Dowlais Group PLC. The decision to adjust the rating from Buy to Hold reflects the updated price target, which aligns with the implied offer price following affirmative votes for the merger from both involved parties.
The revised price target of 75p indicates a less than 15% total return expected over the next 12 months, prompting the Hold rating. The forecasts remain unchanged, and the transaction is anticipated to close in the fourth quarter of 2025, pending the fulfillment of remaining conditions.
According to TipRanks, Jeffriess is a 4-star analyst with an average return of 10.6% and a 67.50% success rate.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a p76.00 price target.