Dana Holding (DAN) Initiated with a Hold at BNP Paribas

Dana Holding (DANResearch Report) received a Hold rating from BNP Paribas analyst Exane BNP Paribas yesterday. The company’s shares closed last Monday at $15.22, close to its 52-week low of $14.44.

Currently, the analyst consensus on Dana Holding is a Strong Buy with an average price target of $23.14, representing a 54.7% upside. In a report issued on April 7, Barclays also downgraded the stock to Hold with a $18.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on Dana Holding’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.27 billion and net profit of $25 million. In comparison, last year the company earned revenue of $2.11 billion and had a net profit of $40 million.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DAN in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Dana, Inc. engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products. It operates through the following segments: Light Vehicle, Commercial Vehicle, Off-Highway, and Power Technologies. The Light Vehicle segment includes drivetrain systems and components for passenger cars, crossovers, sport utility vehicles, vans, and light trucks. The Commercial Vehicle segment comprises of drivetrain and tire-pressure management systems, as well as genuine service parts, for medium and heavy-duty commercial vehicles. The Off-Highway segment offers drivetrain systems and individual product solutions under Spicer brand, and motion systems for associated machine working functions and stationary industrial equipment under Brevini brand. The Power Technologies segment consists of sealing solutions and thermal management technologies for reducing fuel consumption and emissions. The company was founded by Clarence W. Spicer on April 1, 1904 and is headquartered in Maumee, OH.

Read More on DAN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More