JPMorgan Chase Reiterates Overweight on Downer EDI Limited (DOW)
Downer EDI Limited (ASX: DOW)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase in a report issued on Wednesday. They currently have a $4.73 (5 AUD) target price on the stock.
Downer EDI Limited remained flat at A$3.620 during trading on Wednesday. Downer EDI Limited has a 1-year low of A$2.810 and a 1-year high of A$4.110. The company has a market cap of A$1.553 billion and a price-to-earnings ratio of 15.40.
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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