GKN plc (LON:GKN)‘s stock had its “overweight” rating reissued by equities research analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They currently have a GBX 399 ($4.86) price target on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 21.28% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Berenberg Bank raised their price objective on shares of GKN plc from GBX 332 ($4.05) to GBX 346 ($4.22) and gave the company a “buy” rating in a research note on Monday, August 8th. Beaufort Securities restated a “buy” rating on shares of GKN plc in a research report on Wednesday, July 27th. BNP Paribas lifted their target price on shares of GKN plc from GBX 225 ($2.74) to GBX 235 ($2.86) and gave the stock an “underperform” rating in a research report on Wednesday, July 13th. Citigroup Inc. cut shares of GKN plc to a “neutral” rating and set a GBX 315 ($3.84) target price for the company. in a research report on Wednesday, July 27th. Finally, Societe Generale restated a “hold” rating and set a GBX 310 ($3.78) target price on shares of GKN plc in a research report on Wednesday, July 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 337.56 ($4.11).

Analyst Recommendations for GKN plc (LON:GKN)

GKN plc (LON:GKN) opened at 329.00 on Tuesday. The stock’s market cap is GBX 5.64 billion. The company’s 50 day moving average is GBX 322.61 and its 200-day moving average is GBX 293.97. GKN plc has a 52-week low of GBX 245.80 and a 52-week high of GBX 339.90.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/18/gkn-plc-gkn-given-overweight-rating-at-jpmorgan-chase-co.html

The business also recently declared a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were issued a GBX 2.95 ($0.04) dividend. The ex-dividend date was Thursday, August 11th. This represents a yield of 0.98%.

About GKN plc

GKN plc is a global engineering company. The Company is engaged in the design, manufacture and service of systems and components for original equipment manufacturers. The Company operates in four segments: GKN Aerospace, GKN Driveline, GKN Powder Metallurgy and GKN Land Systems. Its GKN Aerospace segment is a supplier of aerostructures, engine products and systems, and electrical wiring systems to the global aerospace industry.

Receive News & Ratings for GKN plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GKN plc and related companies with MarketBeat.com's FREE daily email newsletter.