GKN plc Now Covered by Westhouse Securities (GKN)
Stock analysts at Westhouse Securities began coverage on shares of GKN plc (LON:GKN) in a report issued on Thursday. The firm set a “buy” rating and a GBX 450 ($7.64) price target on the stock. Westhouse Securities’ target price would indicate a potential upside of 22.42% from the stock’s previous close.
Shares of GKN plc (LON:GKN) traded down 0.51% on Thursday, hitting GBX 367.60. The stock had a trading volume of 3,426,718 shares. 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 382.1 and its 200-day moving average is GBX 385.8. The company’s market cap is £6.022 billion.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of GKN plc in a research note on Wednesday. They now have a GBX 410 ($6.96) price target on the stock. Separately, 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 415.65 ($7.06).
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.