GKN plc Given Average Rating of “Buy” by Brokerages (LON:GKN)
GKN plc (LON:GKN) has been given an average recommendation of “Buy” by the nineteen brokerages that are presently covering the stock, StockRatingsNetwork reports. One investment 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 average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 409.44 ($6.84).
A number of analysts have recently weighed in on GKN shares. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of GKN plc in a research note on Thursday. They now have a GBX 430 ($7.19) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of GKN plc in a research note on Friday, August 15th. They now have a GBX 450 ($7.52) price target on the stock. Finally, 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.
GKN plc (LON:GKN) opened at 353.20 on Tuesday. 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 350.1 and its 200-day moving average is GBX 377.9. The company’s market cap is £5.771 billion.
The company also recently declared a dividend, which is scheduled for Monday, September 22nd. Investors 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 PLC is a holding company. The Company operates in global automotive, aerospace and land systems markets (LON:GKN).
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