GKN plc’s Sector Perform Rating Reaffirmed at RBC Capital (GKN)
GKN plc (LON:GKN)‘s stock had its “sector perform” rating restated by investment analysts at RBC Capital in a note issued to investors on Tuesday. They currently have a GBX 410 ($6.89) price target on the stock. RBC Capital’s price target indicates a potential upside of 4.59% from the stock’s current price.
GKN plc (LON:GKN) opened at 388.30 on Tuesday. 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 384.3 and a 200-day moving average of GBX 385.9. The company’s market cap is £6.361 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec cut their price target on shares of GKN plc from GBX 435 ($7.31) to GBX 420 ($7.06) in a research note on Tuesday. They now have an “add” rating on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of GKN plc in a research note on Monday, June 2nd. They now have a GBX 378 ($6.36) price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of GKN plc from GBX 330 ($5.55) to GBX 404 ($6.79) in a research note on Monday, June 2nd. They now have a “sell” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. GKN plc presently has a consensus rating of “Buy” and an average target price of GBX 405.85 ($6.82).
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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