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Zacks Upgrades Drew Industries Inc. Ratings

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January 6, 2011 by   Comments Off on Zacks Upgrades Drew Industries Inc. Ratings

Equities research analysts at Zacks Investment Research upgraded shares of Drew Industries Inc. from an “underperform” rating to a “neutral” rating in a research note to clients and investors on Monday (Jan. 3).

Shares of Drew traded up 1.56% during mid-day trading on Wednesday, hitting $22.80. Drew has a 52-week low of $17.89 and a 52-week high of $28.10. The stock’s 50-day moving average is $22.0 and its 200-day moving average is $20.85. On average, analysts predict that Drew will post 31 cents earnings per share next quarter. The company has a market cap of $501 million and a price-to-earnings ratio of 17.93.

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