Wells Fargo Remains a Hold on Dana Incorporated (DAN)

Wells Fargo analyst Colin Langan maintained a Hold rating on Dana Incorporated today and set a price target of $23.00.

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According to TipRanks, Langan is an analyst with an average return of -7.5% and a 46.30% success rate. Langan covers the Consumer Cyclical sector, focusing on stocks such as Aptiv, Lear, and Tesla.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dana Incorporated with a $26.40 average price target.

Based on Dana Incorporated’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.92 billion and a net profit of $83 million. In comparison, last year the company earned a revenue of $2.48 billion and had a net profit of $4 million

Based on the recent corporate insider activity of 35 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. Last month, Craig C Price, the SVP & Pres Off-Highway Drive of DAN sold 13,300.00 shares for a total of $298,468.81.