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.