GKN plc Rating Reiterated by RBC Capital (GKN)
GKN plc (LON:GKN)‘s stock had its “sector perform” rating reiterated by equities researchers at RBC Capital in a research report issued on Tuesday. They currently have a GBX 390 ($6.54) target price on the stock. RBC Capital’s target price would indicate a potential upside of 13.11% from the stock’s previous close.
GKN has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN plc in a research note on Friday. They now have a GBX 450 ($7.55) price target on the stock. Finally, 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 ($7.38) 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 assigned a buy rating to the company’s stock. GKN plc presently has an average rating of “Buy” and a consensus price target of GBX 409.44 ($6.87).
Shares of GKN plc (LON:GKN) traded down 0.90% on Tuesday, hitting GBX 341.70. 3,026,738 shares of the company’s stock traded hands. 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 354. and its 200-day moving average is GBX 380.2. The company’s market cap is £5.583 billion.
The company also recently announced a dividend, which is scheduled for Monday, September 22nd. Shareholders 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 of this dividend is Wednesday, August 13th.
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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