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Dowlais Broker Ratings (DWL)

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Date	Broker	Recommendation	Old Target	New Target	Rating Type
23-Jan-26	Jefferies	Hold	7,760.00	9,370.00	Reiteration
20-Jan-26	RBC Capital Markets	Sector Perform	85.00	94.00	Reiteration
11-Nov-25	Peel Hunt Limited	Hold	-	80.00	Reiteration
10-Sep-25	RBC Capital Markets	Sector Perform	77.00	77.00	Reiteration
19-Aug-25	RBC Capital Markets	Sector Perform	7,000.00	7,700.00	Downgrade
07-Aug-25	Jefferies	Hold	-	75.00	Reiteration
25-Nov-24	Berenberg Bank	Hold	-	62.00	Reiteration
24-Oct-24	Citigroup	Neutral	-	58.00	Upgrade
12-Jul-24	Jefferies	Buy	135.00	110.00	Reiteration
01-Jul-24	JP Morgan Cazenove	Neutral	100.00	90.00	Reiteration
03-May-24	JP Morgan Cazenove	Neutral	104.00	100.00	Reiteration
22-Mar-24	RBC Capital Markets	Outperform	-	150.00	Reiteration
13-Sep-23	JP Morgan Cazenove	Overweight	-	160.00	Reiteration
25-Jul-23	JP Morgan Cazenove	Overweight	-	160.00	Reiteration
11-Jul-23	Citigroup	Sell	-	-	New Coverage
05-Jun-23	Jefferies	Buy	-	-	New Coverage
23-May-23	Peel Hunt Limited	Buy	-	220.00	Reiteration