American Axle & Manufacturing (NYSE:DCH) Given “Buy” Rating at BWS Financial

American Axle & Manufacturing (NYSE:DCH)‘s stock had its “buy” rating reaffirmed by investment analysts at BWS Financial in a research note issued to investors on Monday,Benzinga reports. They presently have a $17.00 price target on the stock. BWS Financial’s price objective indicates a potential upside of 167.59% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the company. UBS Group lowered their price target on American Axle & Manufacturing from $9.50 to $9.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Weiss Ratings restated a “sell (d)” rating on shares of American Axle & Manufacturing in a research report on Monday, June 8th. JPMorgan Chase & Co. started coverage on shares of American Axle & Manufacturing in a report on Tuesday, July 7th. They issued a “neutral” rating and a $8.00 target price for the company. Royal Bank Of Canada lifted their price target on shares of American Axle & Manufacturing from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Finally, Wall Street Zen downgraded shares of American Axle & Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $9.57.

American Axle & Manufacturing Price Performance

NYSE:DCH opened at $6.35 on Monday. American Axle & Manufacturing has a 12 month low of $4.47 and a 12 month high of $9.25. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of -5.88, a PEG ratio of 0.27 and a beta of 1.60. The company has a fifty day simple moving average of $5.77.

American Axle & Manufacturing (NYSE:DCH) last released its quarterly earnings data on Friday, August 7th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.18. American Axle & Manufacturing had a positive return on equity of 15.94% and a negative net margin of 2.01%.The business had revenue of $2.96 billion during the quarter. As a group, equities analysts anticipate that American Axle & Manufacturing will post 0.78 EPS for the current year.

About American Axle & Manufacturing

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.