Deutsche Bank AG Reaffirms “Buy” Rating for GKN plc (GKN)
A number of other analysts have also recently weighed in on GKN. Numis Securities Ltd restated a buy rating and issued a GBX 420 ($5.52) price objective on shares of GKN plc in a research note on Thursday, July 27th. Jefferies Group LLC boosted their price objective on shares of GKN plc from GBX 380 ($5.00) to GBX 425 ($5.59) and gave the stock a buy rating in a research note on Thursday, November 9th. Liberum Capital restated a hold rating and issued a GBX 300 ($3.95) price objective on shares of GKN plc in a research note on Thursday. cut their target price on shares of GKN plc from GBX 445 ($5.85) to GBX 400 ($5.26) and set a buy rating for the company in a research note on Monday, October 16th. Finally, Peel Hunt reiterated a buy rating and set a GBX 535 ($7.04) target price on shares of GKN plc in a research note on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of GBX 390.47 ($5.14).
Shares of GKN plc (LON:GKN) opened at GBX 303 ($3.99) on Friday. GKN plc has a one year low of GBX 280 ($3.68) and a one year high of GBX 379.30 ($4.99).
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.
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