GKN plc (GKNLY) Given Average Recommendation of “Buy” by Analysts
GKN plc (NASDAQ:GKNLY) has been given a consensus recommendation of “Buy” by the eight ratings firms that are presently covering the company. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.
A number of research analysts have issued reports on the company. HSBC assumed coverage on GKN plc in a report on Thursday, October 6th. They issued a “buy” rating for the company. Deutsche Bank AG assumed coverage on GKN plc in a report on Monday, October 31st. They issued a “buy” rating for the company. Zacks Investment Research downgraded GKN plc from a “buy” rating to a “hold” rating in a report on Tuesday, October 11th. Citigroup Inc. downgraded GKN plc from a “buy” rating to a “neutral” rating in a report on Wednesday, July 27th. Finally, Beaufort Securities reissued a “buy” rating on shares of GKN plc in a report on Wednesday, October 26th.
GKN plc (NASDAQ:GKNLY) opened at 3.75 on Wednesday. The company has a 50 day moving average of $0.00 and a 200-day moving average of $0.00. GKN plc has a 12-month low of $3.17 and a 12-month high of $4.75.
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. Its GKN Aerospace segment is a supplier of aerostructures, engine products and systems, and electrical wiring systems to the global aerospace industry.
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