Shares of GKN plc (LON:GKN) have received an average rating of “Hold” from the seventeen brokerages that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 436.69 ($6.03).

GKN has been the subject of a number of recent research reports. Numis Securities upgraded shares of GKN to an “add” rating and set a GBX 480 ($6.63) price target for the company in a report on Wednesday. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 378 ($5.22) price target on shares of GKN in a report on Thursday, December 7th. Citigroup reiterated a “neutral” rating and set a GBX 455 ($6.29) price target on shares of GKN in a report on Monday, March 12th. Deutsche Bank reiterated a “buy” rating and set a GBX 395 ($5.46) price target on shares of GKN in a report on Monday, December 4th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 500 ($6.91) price target on shares of GKN in a report on Friday, March 2nd.

How to Become a New Pot Stock Millionaire

In related news, insider Phil Swash sold 27,150 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of GBX 433 ($5.98), for a total value of £117,559.50 ($162,419.87).

Shares of GKN (LON:GKN) traded up GBX 1 ($0.01) on Friday, reaching GBX 430 ($5.94). 6,241,106 shares of the company’s stock were exchanged, compared to its average volume of 14,910,000. The firm has a market capitalization of $7,330.00 and a PE ratio of 1,482.76. GKN has a one year low of GBX 2.95 ($0.04) and a one year high of GBX 449.46 ($6.21).

The business also recently announced a dividend, which will be paid on Monday, May 14th. Investors of record on Thursday, April 5th will be issued a GBX 6.20 ($0.09) dividend. This represents a yield of 1.43%. This is an increase from GKN’s previous dividend of $3.10. The ex-dividend date is Thursday, April 5th.

TRADEMARK VIOLATION NOTICE: This article was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2018/03/22/brokerages-set-gkn-plc-gkn-pt-at-434-81.html.

GKN 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 (LON:GKN)

Receive News & Ratings for GKN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GKN and related companies with MarketBeat.com's FREE daily email newsletter.