GKN plc Rating Reiterated by Jefferies Group (GKN)
GKN plc (LON:GKN)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Monday, Analyst Ratings News reports. They currently have a GBX 275 ($4.63) target price on the stock. Jefferies Group’s price objective would indicate a potential downside of 27.09% 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 Thursday, May 1st. They now have a GBX 467 ($7.87) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of GKN plc in a research note on Thursday, April 17th. They now have a GBX 430 ($7.24) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of GKN plc in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 381.81 ($6.43).
Shares of GKN plc (LON:GKN) opened at 379.60 on Monday. GKN plc has a one year low of GBX 282.10 and a one year high of GBX 468.00. The stock has a 50-day moving average of GBX 386.0 and a 200-day moving average of GBX 383.2. The company’s market cap is £6.218 billion.
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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