GKN plc Rating Reiterated by 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 Wednesday. They currently have a GBX 410 ($6.96) price objective on the stock. RBC Capital’s price objective would suggest a potential upside of 10.87% from the company’s current price.
Shares of GKN plc (LON:GKN) opened at 372.032 on Wednesday. GKN plc has a 52-week low of GBX 282.10 and a 52-week high of GBX 468.00. The stock’s 50-day moving average is GBX 382.7 and its 200-day moving average is GBX 386.0. The company’s market cap is £6.094 billion.
GKN has been the subject of a number of other recent research reports. Analysts at Berenberg Bank initiated coverage on shares of GKN plc in a research note on Tuesday. They set a “buy” rating and a GBX 440 ($7.47) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN plc in a research note on Monday. They now have a GBX 450 ($7.64) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of GKN plc in a research note on Thursday, June 12th. They now have a GBX 500 ($8.49) price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. GKN plc currently has an average rating of “Buy” and a consensus target price of GBX 413.50 ($7.02).
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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