GKN plc Given “Overweight” Rating at JPMorgan Chase & Co. (GKN)
GKN plc (LON:GKN)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, Stock Ratings Network reports. They currently have a GBX 430 ($7.21) price target on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 4.12% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of GKN plc in a research note on Wednesday, February 12th. They now have a GBX 467 ($7.83) price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of GKN plc to a “sell” rating in a research note on Tuesday, February 11th. They now have a GBX 330 ($5.53) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN plc in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have given a buy rating to the company. GKN plc currently has a consensus rating of “Buy” and a consensus price target of GBX 370.33 ($6.21).
Shares of GKN plc (LON:GKN) traded up 1.15% on Thursday, hitting GBX 413.00. 6,832,359 shares of the company’s stock traded hands. GKN plc has a 52-week low of GBX 236.626 and a 52-week high of GBX 416.10. The stock has a 50-day moving average of GBX 396.5 and a 200-day moving average of GBX 368.0. The company’s market cap is £6.693 billion.
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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