American Axle & Manufacturing (NYSE:DCH) Earns “Buy” Rating from BWS Financial

American Axle & Manufacturing (NYSE:DCH)‘s stock had its “buy” rating restated by equities research analysts at BWS Financial in a report issued on Tuesday,Benzinga reports. They currently have a $17.00 target price on the stock. BWS Financial’s price target points to a potential upside of 178.00% from the stock’s current price.

DCH has been the subject of a number of other research reports. TD Cowen decreased their price objective on shares of American Axle & Manufacturing from $8.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, April 15th. Weiss Ratings began coverage on shares of American Axle & Manufacturing in a report on Wednesday, March 11th. They issued a “sell (d)” rating for the company. Zacks Research upgraded shares of American Axle & Manufacturing from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Wall Street Zen lowered shares of American Axle & Manufacturing from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, American Axle & Manufacturing has a consensus rating of “Hold” and an average price target of $12.00.

American Axle & Manufacturing Trading Up 0.4%

DCH traded up $0.03 on Tuesday, reaching $6.12. 1,559,861 shares of the company traded hands, compared to its average volume of 6,465,816. American Axle & Manufacturing has a one year low of $3.28 and a one year high of $9.25. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -34.03, a PEG ratio of 0.66 and a beta of 1.63. The company has a debt-to-equity ratio of 6.31, a current ratio of 2.95 and a quick ratio of 2.57.

American Axle & Manufacturing Company Profile

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.