Downer EDI Limited Given Outperform Rating at Macquarie (DOW)
Downer EDI Limited (ASX: DOW)‘s stock had its “outperform” rating reiterated by investment analysts at Macquarie in a note issued to investors on Friday. They currently have a $5.78 (6 AUD) target price on the stock.
Shares of Downer EDI Limited traded up 1.34% during mid-day trading on Friday, hitting A$5.310. Downer EDI Limited has a one year low of A$2.890 and a one year high of A$5.660. The stock’s 50-day moving average is currently A$4.3.
A number of other firms have also recently commented on DOW. Analysts at Nomura reiterated a “buy” rating on shares of Downer EDI Limited in a research note to investors on Tuesday. They now have a $4.37 price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Downer EDI Limited in a research note to investors on Thursday, February 7th. They now have a $5.15 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Downer EDI Limited in a research note to investors on Tuesday, December 11th. They now have a $5.02 price target on the stock.
Downer EDI Limited provides engineering and infrastructure management services to the public and minerals & metals, oil & gas, power, transport infrastructure, telecommunications, property and water sectors .
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