GKN plc Rating Reiterated by RBC Capital (GKN)
GKN plc (LON:GKN)‘s stock had its “sector perform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Tuesday. They currently have a GBX 390 ($6.45) price target on the stock. RBC Capital’s price objective would suggest a potential upside of 10.42% from the stock’s previous close.
A number of other firms have also recently commented on GKN. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of GKN plc in a research note on Thursday, August 21st. They now have a GBX 430 ($7.12) 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 ($7.45) 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 ($7.45) 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 stock currently has a consensus rating of “Buy” and an average target price of GBX 409.44 ($6.78).
GKN plc (LON:GKN) opened at 355.20 on Tuesday. GKN plc has a 1-year low of GBX 322.40 and a 1-year high of GBX 468.00. The stock’s 50-day moving average is GBX 349.0 and its 200-day moving average is GBX 377.. The company’s market cap is £5.804 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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