GKN plc’s Sector Perform Rating Reaffirmed at RBC Capital (GKN)
GKN plc (LON:GKN)‘s stock had its “sector perform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Tuesday. They currently have a GBX 410 ($7.02) price objective on the stock. RBC Capital’s price target suggests a potential upside of 15.85% from the company’s current price.
A number of other analysts have also recently weighed in on GKN. Analysts at BNP Paribas reiterated a “neutral” rating on shares of GKN plc in a research note on Wednesday, July 9th. They now have a GBX 385 ($6.59) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of GKN plc in a research note on Tuesday, July 8th. They now have a GBX 450 ($7.70) 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 ($7.70) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 414.76 ($7.10).
GKN plc (LON:GKN) traded down 0.78% on Tuesday, hitting GBX 353.90. The stock had a trading volume of 4,094,464 shares. GKN plc has a 52-week low of GBX 321.00 and a 52-week high of GBX 468.00. The stock has a 50-day moving average of GBX 373.9 and a 200-day moving average of GBX 385.. The company’s market cap is £5.797 billion.
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.