Dana Holding Corporation (DAN) : Analyst Rating Update

Dana Holding Corporation (DAN) has an average broker rating of 2.38, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Dana Holding Corporation (DAN) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $17 and the lowest price target forecast is $12. The average forecast of all the analysts is $14.67 and the expected standard deviation is $2.07.

Dana Holding Corporation (NYSE:DAN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.93 and $9.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.30. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.24, notching a gain of 1.49% for the day. The total traded volume was 1,892,086 . The stock had closed at $10.09 on the previous day.

The company shares have dropped -47.28% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $20.49 and the one year low was seen on Jul 5, 2016. The 50-Day Moving Average price is $11.66 and the 200 Day Moving Average price is recorded at $12.49.

Dana Holding Corporation is a global provider of high technology driveline, sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. It operates in four business segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. The Light Vehicle segment products include front axles, rear axles, drive shafts and differentials, among others. The Commercial Vehicle segment products include steer axles, drive axles, drive shafts and tire inflation systems. The Off-Highway segment products include products include front axles, rear axles, drive shafts and transmissions, among others. The Power Technologies segment products include gaskets, cover modules, heat shields, engine sealing systems, cooling and heat transfer products.

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