JPMorgan Chase Reaffirms Overweight Rating on Downer EDI Limited (DOW)
Downer EDI Limited (ASX: DOW)‘s stock had its “overweight” rating reiterated by equities research analysts at JPMorgan Chase in a research note issued to investors on Tuesday. They currently have a $4.89 (5 AUD) price target on the stock.
Downer EDI Limited traded down 1.70% on Tuesday, hitting A$3.460. Downer EDI Limited has a 1-year low of A$2.890 and a 1-year high of A$4.110. The company has a market cap of A$1.485 billion and a price-to-earnings ratio of 14.98.
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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