Alpha questions Drew, but Citigroup rates stock a Buy

drew+new-york-stock-exchange-nyse-credit=andrew crump-flickrcreativecommons-posted-daily-business-news-mhpronews-com475x356-Seeking Alpha   claims millions of followers in the investment world, and they questioned the value of Drew Industries (NYSE:DW) in a report Thursday. By contrast, Citigroup issued an investors note, increased the target price from $51 to $57 a share and rates Drew a Buy.

Drew CFO Joseph S. Giordano III sold 2,000 shares of DW stock on Monday, November 10th, per SEC filings. The stock was sold at an average price of $47.50, for a total transaction of $95,000.00.

Mideast Times  said, “Drew Industries (NYSE:DW) traded up 1.63% during mid-day trading on Wednesday, hitting $47.90. 9,045 shares of the company’s stock traded hands. Drew Industries has a one year low of $40.38 and a one year high of $55.35. The stock has a 50-day moving average of $45.3 and a 200-day moving average of $46.33. The company has a market cap of $1.133 billion and a P/E ratio of 18.61.

Drew is one of the stocks tracked by the Daily Business News market report. On Friday, Drew Industries, Inc. (NYSE:DW) 47.00 -0.13 (-0.28%) – for the complete Friday’s report on factory-built home connected stocks, click here. ##

(Image credit: Andrew Crump/FlickrCreativeCommons & Drew Logo)

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