GKN (GKN) PT Raised to GBX 425 at Liberum Capital
GKN (LON:GKN) had its target price lifted by stock analysts at Liberum Capital from GBX 300 ($4.07) to GBX 425 ($5.76) in a research report issued on Friday. The firm currently has a “hold” rating on the stock. Liberum Capital’s target price would suggest a potential upside of 0.54% from the company’s current price.
Other equities research analysts also recently issued reports about the company. Numis Securities downgraded GKN to an “add” rating and set a GBX 380 ($5.15) target price for the company. in a report on Monday, October 16th. Peel Hunt reduced their target price on GKN from GBX 535 ($7.26) to GBX 500 ($6.78) and set a “buy” rating for the company in a report on Sunday, October 15th. Deutsche Bank reissued a “buy” rating and issued a GBX 395 ($5.36) price objective on shares of GKN in a research note on Friday, October 13th. reissued a “buy” rating and issued a GBX 445 ($6.03) price objective on shares of GKN in a research note on Friday, September 29th. Finally, Berenberg Bank reduced their price objective on GKN from GBX 400 ($5.42) to GBX 365 ($4.95) and set a “buy” rating for the company in a research note on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 406.13 ($5.51).
Shares of GKN (GKN) opened at GBX 422.70 ($5.73) on Friday. GKN has a fifty-two week low of GBX 2.95 ($0.04) and a fifty-two week high of GBX 379.30 ($5.14). The company has a market capitalization of $5,710.00 and a price-to-earnings ratio of 1,457.59.
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.
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.