GKN plc’s Buy Rating Reaffirmed at Westhouse Securities (GKN)
GKN plc (LON:GKN)‘s stock had its “buy” rating reaffirmed by equities researchers at Westhouse Securities in a research report issued on Thursday. They currently have a GBX 450 ($7.70) price target on the stock. Westhouse Securities’ target price points to a potential upside of 27.01% from the company’s current price.
GKN has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a “sector perform” rating on shares of GKN plc in a research note on Tuesday. They now have a GBX 410 ($7.02) price target on the stock. Separately, 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. Finally, 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. 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. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 414.76 ($7.10).
Shares of GKN plc (LON:GKN) traded down 1.50% during mid-day trading on Thursday, hitting GBX 354.30. 3,093,493 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 372.1 and a 200-day moving average of GBX 385.3. The company’s market cap is £5.804 billion.
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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