Westhouse Securities Reiterates “Buy” Rating for GKN plc (GKN)
GKN plc (LON:GKN)‘s stock had its “buy” rating reiterated by equities research analysts at Westhouse Securities in a research note issued to investors on Friday. They currently have a GBX 450 ($7.55) price target on the stock. Westhouse Securities’ price objective points to a potential upside of 32.35% from the stock’s previous close.
GKN plc (LON:GKN) traded down 0.41% during mid-day trading on Friday, hitting GBX 338.60. 4,433,157 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 has a 50-day moving average of GBX 353.0 and a 200-day moving average of GBX 379.. The company’s market cap is £5.532 billion.
The company also recently announced a dividend, which is scheduled for Monday, September 22nd. Investors 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.
Several other analysts have also recently commented on the stock. 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 390 ($6.54) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN plc in a research note on Friday, August 8th. They now have a GBX 450 ($7.55) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN plc in a research note on Thursday, July 31st. They now have a GBX 450 ($7.55) price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company’s stock. GKN plc has an average rating of “Buy” and an average price target of GBX 409.44 ($6.87).
GKN PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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