GKN plc (GKN) Receives Consensus Rating of “Buy” from Brokerages
Shares of GKN plc (LON:GKN) have received a consensus recommendation of “Buy” from the seventeen research firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 395.75 ($5.33).
Several research analysts recently issued reports on the stock. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 378 ($5.09) price target on shares of GKN in a research note on Friday, November 17th. Barclays reiterated an “overweight” rating and issued a GBX 370 ($4.98) price target on shares of GKN in a research note on Monday, October 16th. Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($6.73) price target on shares of GKN in a research note on Thursday, November 16th. reduced their price objective on shares of GKN from GBX 445 ($5.99) to GBX 400 ($5.38) and set a “buy” rating for the company in a research note on Monday, October 16th. Finally, Liberum Capital restated a “hold” rating and set a GBX 300 ($4.04) price objective on shares of GKN in a research note on Thursday, November 16th.
Shares of GKN (GKN) opened at GBX 294.13 ($3.96) on Thursday. GKN has a 12-month low of GBX 2.95 ($0.04) and a 12-month high of GBX 379.30 ($5.10).
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.
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.