GKN plc’s “Outperform” Rating Reaffirmed at Credit Suisse (GKN)
GKN plc (LON:GKN) traded up 0.33% during mid-day trading on Wednesday, hitting GBX 369.80. The stock had a trading volume of 5,426,704 shares. GKN plc has a 1-year low of GBX 310.10 and a 1-year high of GBX 468.00. The stock’s 50-day moving average is GBX 378. and its 200-day moving average is GBX 386.2. The company’s market cap is £6.058 billion.
A number of other firms have also recently commented on GKN. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of GKN plc in a research note on Tuesday. They now have a GBX 467 ($7.95) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of GKN plc from GBX 430 ($7.32) to GBX 445 ($7.58) in a research note on Tuesday. They now have an “overweight” rating on the stock. Finally, analysts at Westhouse Securities initiated coverage on shares of GKN plc in a research note on Monday. They set a “buy” rating and a GBX 450 ($7.66) price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 413.50 ($7.04).
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.