GKN Given Buy Rating at Cantor Fitzgerald Europe (GKN)
GKN (LON:GKN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 430 ($7.09) price objective on the stock. Cantor Fitzgerald Europe’s target price would suggest a potential upside of 6.54% from the company’s current price.
GKN has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of GKN in a research note to investors on Thursday. They now have a GBX 327 ($5.39) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN in a research note to investors on Monday. They now have a GBX 430 ($7.09) price target on the stock. Finally, analysts at Investec raised their price target on shares of GKN from GBX 410 ($6.76) to GBX 420 ($6.92) in a research note to investors on Monday. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 354.27 ($5.84).
Shares of GKN (LON:GKN) opened at 402.47 on Thursday. GKN has a one year low of GBX 236.626 and a one year high of GBX 394.30. The stock has a 50-day moving average of GBX 372.3 and a 200-day moving average of GBX 355.3. The company’s market cap is £6.523 billion.
GKN plc is a holding company. The Company is a global engineering group. The Company operates in four divisions: GKN Driveline, GKN Powder Metallurgy, GKN Aerospace and GKN Land Systems.
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