GKN plc (LON:GKN) had its price objective hoisted by equities researchers at Goldman Sachs Group Inc. from GBX 311 ($3.89) to GBX 334 ($4.17) in a research report issued on Monday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price objective suggests a potential upside of 7.88% from the company’s previous close.

A number of other research firms have also recently commented on GKN. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 399 ($4.99) price objective on shares of GKN plc in a research report on Wednesday, October 26th. Panmure Gordon reiterated a “hold” rating and set a GBX 300 ($3.75) price target on shares of GKN plc in a research report on Friday, September 23rd. Barclays PLC boosted their price target on GKN plc from GBX 335 ($4.19) to GBX 345 ($4.31) and gave the stock an “overweight” rating in a research report on Wednesday, July 27th. Citigroup Inc. cut GKN plc to a “neutral” rating and set a GBX 315 ($3.94) price target for the company. in a research report on Wednesday, July 27th. Finally, Beaufort Securities reiterated a “buy” rating on shares of GKN plc in a research report on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 339.94 ($4.25).

Analyst Recommendations for GKN plc (LON:GKN)

Shares of GKN plc (LON:GKN) opened at 309.60 on Monday. The firm has a 50-day moving average price of GBX 317.88 and a 200-day moving average price of GBX 298.71. GKN plc has a 1-year low of GBX 245.80 and a 1-year high of GBX 339.90. The stock’s market cap is GBX 5.31 billion.

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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. 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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