GKN plc Rating Reiterated by BNP Paribas (GKN)
GKN plc (LON:GKN)‘s stock had its “neutral” rating restated by investment analysts at BNP Paribas in a note issued to investors on Wednesday. They currently have a GBX 385 ($6.60) price target on the stock. BNP Paribas’ price objective would indicate a potential upside of 9.91% from the company’s current price.
GKN plc (LON:GKN) traded down 0.71% during mid-day trading on Wednesday, hitting GBX 350.30. 9,484,847 shares of the company’s stock traded hands. GKN plc has a 1-year low of GBX 321.00 and a 1-year high of GBX 468.00. The stock has a 50-day moving average of GBX 376. and a 200-day moving average of GBX 385.9. The company’s market cap is £5.738 billion.
A number of other analysts have also recently weighed in on GKN. Analysts at Societe Generale reiterated a “buy” rating on shares of GKN plc in a research note on Tuesday. They now have a GBX 450 ($7.72) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of GKN plc in a research note on Friday, July 4th. They now have a GBX 410 ($7.03) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN plc in a research note on Wednesday, July 2nd. They now have a GBX 450 ($7.72) price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 414.76 ($7.11).
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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