GKN Given Buy Rating at Societe Generale (GKN)
GKN (LON:GKN)‘s stock had its “buy” rating reiterated by analysts at Societe Generale in a research report issued to clients and investors on Thursday, Stock Ratings News reports. They currently have a GBX 450 ($7.40) price target on the stock. Societe Generale’s price target points to a potential upside of 12.81% from the company’s current price.
Shares of GKN (LON:GKN) traded up 2.78% during mid-day trading on Thursday, hitting GBX 398.90. The stock had a trading volume of 6,873,368 shares. GKN has a one year low of GBX 236.626 and a one year high of GBX 409.70. The stock’s 50-day moving average is GBX 384.3 and its 200-day moving average is GBX 362.5. The company’s market cap is £6.465 billion.
GKN has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity initiated coverage on shares of GKN in a research note to investors on Monday. They set a “buy” rating and a GBX 500 ($8.22) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of GKN in a research note to investors on Monday. They now have a GBX 467 ($7.67) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of GKN in a research note to investors on Thursday, January 16th. They now have a GBX 430 ($7.07) price target on the stock. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. GKN has an average rating of “Buy” and a consensus target price of GBX 363.76 ($5.98).
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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