GKN plc (LON:GKN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a research note issued on Friday, MarketBeat reports. They currently have a GBX 395 ($5.10) price target on the stock. Deutsche Bank AG’s price target would suggest a potential upside of 16.59% from the stock’s previous close.

Other analysts have also issued research reports about the company. 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. Beaufort Securities reaffirmed a “buy” rating on shares of GKN plc in a research note on Thursday, July 27th. Peel Hunt raised their price target on GKN plc from GBX 475 ($6.13) to GBX 535 ($6.91) and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Canaccord Genuity lowered GKN plc to a “hold” rating and set a GBX 550 ($7.10) price target for the company. in a research note on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) dropped their price target on GKN plc from GBX 401 ($5.18) to GBX 384 ($4.96) and set a “neutral” rating for the company in a research note on Wednesday, June 28th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 392.13 ($5.06).

GKN plc (LON GKN) traded up 0.39% during mid-day trading on Friday, hitting GBX 338.80. 10,181,691 shares of the stock traded hands. The firm’s market capitalization is GBX 5.81 billion. GKN plc has a 1-year low of GBX 295.20 and a 1-year high of GBX 379.30. The company has a 50-day moving average of GBX 322.63 and a 200 day moving average of GBX 344.02.

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GKN plc Company Profile

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.

Analyst Recommendations for GKN plc (LON:GKN)

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