GKN plc Given “Outperform” Rating at Credit Suisse (GKN)
GKN plc (LON:GKN)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse in a note issued to investors on Friday. They currently have a GBX 450 ($7.57) target price on the stock. Credit Suisse’s price objective would suggest a potential upside of 31.46% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “buy” rating on shares of GKN plc in a research note on Wednesday, July 30th. They now have a GBX 440 ($7.40) 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 30th. They now have a GBX 385 ($6.48) price target on the stock. Finally, 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 ($7.32) price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 410.56 ($6.91).
GKN plc (LON:GKN) opened at 343.90 on Friday. GKN plc has a 52 week low of GBX 322.40 and a 52 week high of GBX 468.00. The stock has a 50-day moving average of GBX 356.6 and a 200-day moving average of GBX 381.6. The company’s market cap is £5.619 billion.
The company also recently announced a dividend, which is scheduled for Monday, September 22nd. Stockholders of record on Wednesday, August 13th will be paid a dividend of GBX 2.80 ($0.05) per share. This represents a dividend yield of 0.76%. The ex-dividend date is Wednesday, August 13th.
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
Receive News & Ratings for GKN plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GKN plc and related companies with Analyst Ratings Network's FREE daily email newsletter.