GKN plc Given Average Rating of “Buy” by Analysts (LON:GKN)
GKN plc (LON:GKN) has received a consensus recommendation of “Buy” from the twenty-one brokerages that are presently covering the company, American Banking News.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 371.21 ($6.17).
GKN plc (LON:GKN) traded up 0.02% on Wednesday, hitting GBX 410.80. The stock had a trading volume of 5,257,400 shares. GKN plc has a 52 week low of GBX 236.626 and a 52 week high of GBX 417.80. The stock has a 50-day moving average of GBX 398.6 and a 200-day moving average of GBX 369.1. The company’s market cap is £6.658 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, May 21st. Investors of record on Wednesday, April 9th will be given a dividend of GBX 5.30 ($0.09) per share. This represents a yield of 1.29%. The ex-dividend date of this dividend is Wednesday, April 9th.
GKN has been the subject of a number of recent research reports. Analysts at Investec reiterated an “add” rating on shares of GKN plc in a research note on Tuesday. They now have a GBX 435 ($7.23) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of GKN plc in a research note on Tuesday. They now have a GBX 450 ($7.48) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of GKN plc in a research note on Tuesday. They now have a GBX 500 ($8.32) price target on the stock.
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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