RBC Capital Sticks to Their Buy Rating for Dana Incorporated (DAN)

RBC Capital analyst Tom Narayan maintained a Buy rating on Dana Incorporated yesterday and set a price target of $26.00. The company’s shares closed last Friday at $20.16.

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Narayan covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Ferrari, and Stellantis. According to TipRanks, Narayan has an average return of 6.7% and a 50.00% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dana Incorporated with a $22.00 average price target.

The company has a one-year high of $20.62 and a one-year low of $7.58. Currently, Dana Incorporated has an average volume of 2.27M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAN in relation to earlier this year.