GKN plc’s Neutral Rating Reaffirmed at BNP Paribas (GKN)
GKN plc (LON:GKN)‘s stock had its “neutral” rating reiterated by equities researchers at BNP Paribas in a research report issued on Wednesday. They currently have a GBX 385 ($6.54) price target on the stock. BNP Paribas’ target price would indicate a potential upside of 11.95% from the stock’s previous close.
GKN plc (LON:GKN) traded up 0.44% on Wednesday, hitting GBX 343.90. The stock had a trading volume of 11,600,604 shares. GKN plc has a one year low of GBX 322.40 and a one year high of GBX 468.00. The stock’s 50-day moving average is GBX 359.7 and its 200-day moving average is GBX 383.2. The company’s market cap is £5.619 billion.
The company also recently declared a dividend, which is scheduled for Monday, September 22nd. Shareholders of record on Wednesday, August 13th will be given a dividend of GBX 2.80 ($0.05) per share. This represents a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, August 13th.
GKN has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd upgraded shares of GKN plc to a “buy” rating in a research note on Tuesday, July 29th. They now have a GBX 435 ($7.39) 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 29th. They now have a GBX 450 ($7.64) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of GKN plc in a research note on Tuesday, July 29th. 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 issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 410.56 ($6.97).
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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