GKN Stock Rating Reaffirmed by Numis Securities Ltd (GKN)
GKN (LON:GKN)‘s stock had its “buy” rating reaffirmed by Numis Securities Ltd in a research note issued on Wednesday, StockRatingsNetwork.com reports. They currently have a GBX 467 ($7.66) price objective on the stock. Numis Securities Ltd’s price target suggests a potential upside of 15.12% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs downgraded shares of GKN to a “sell” rating in a research note on Tuesday. They now have a GBX 330 ($5.41) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN in a research note on Monday. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of GKN in a research note on Thursday, February 6th. They now have a GBX 450 ($7.38) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 360.33 ($5.91).
Shares of GKN (LON:GKN) traded up 0.88% on Wednesday, hitting GBX 411.50. The stock had a trading volume of 2,543,488 shares. GKN has a 52 week low of GBX 236.626 and a 52 week high of GBX 409.70. The stock’s 50-day moving average is GBX 388.0 and its 200-day moving average is GBX 364.4. The company’s market cap is £6.669 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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