GKN plc Receives Average Rating of “Buy” from Brokerages (LON:GKN)
GKN plc (LON:GKN) has earned an average recommendation of “Buy” from the nineteen brokerages that are currently covering the stock, Analyst Ratings.Net reports. One investment 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. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 409.44 ($6.84).
GKN has been the subject of a number of recent research reports. Analysts at Westhouse Securities reiterated a “buy” rating on shares of GKN plc in a research note on Friday. They now have a GBX 450 ($7.52) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of GKN plc in a research note on Tuesday, August 12th. They now have a GBX 390 ($6.52) price target on the stock. Finally, 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 ($7.52) price target on the stock.
GKN plc (LON:GKN) traded up 2.27% on Tuesday, hitting GBX 351.50. The stock had a trading volume of 2,241,136 shares. GKN plc has a 52 week low of GBX 322.40 and a 52 week high of GBX 468.00. The stock’s 50-day moving average is GBX 351.3 and its 200-day moving average is GBX 378.9. The company’s market cap is £5.743 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 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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