Analysts Set GKN plc (GKN) Price Target at $381.60
Shares of GKN plc (LON:GKN) have been given a consensus rating of “Buy” by the sixteen analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 381.60 ($4.93).
Several equities analysts have recently commented on GKN shares. Peel Hunt upped their price target on GKN plc from GBX 475 ($6.13) to GBX 535 ($6.91) and gave the company a “buy” rating in a research note on Tuesday, August 29th. Barclays PLC upped their price target on GKN plc from GBX 390 ($5.04) to GBX 400 ($5.17) and gave the company an “overweight” rating in a research note on Friday, August 18th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 410 ($5.30) price target on shares of GKN plc in a research note on Monday, July 3rd. Beaufort Securities reaffirmed a “buy” rating on shares of GKN plc in a research note on Thursday, July 27th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 420 ($5.42) price target on shares of GKN plc in a research note on Thursday, July 27th.
GKN plc (GKN) traded up 0.69% on Tuesday, hitting GBX 323.30. The stock had a trading volume of 1,317,438 shares. GKN plc has a 12 month low of GBX 295.20 and a 12 month high of GBX 379.30. The company has a 50-day moving average of GBX 322.27 and a 200 day moving average of GBX 345.11. The company’s market cap is GBX 5.54 billion.
The business also recently declared a dividend, which will be paid on Monday, September 18th. Shareholders of record on Thursday, August 10th will be given a GBX 3.10 ($0.04) dividend. This represents a yield of 0.94%. The ex-dividend date is Thursday, August 10th.
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. The GKN Aerospace segment is a supplier of airframe and engine structures, landing gear, electrical interconnection systems, transparencies and aftermarket services.
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