GKN plc (GKN) Earns Overweight Rating from Barclays PLC
Barclays PLC reiterated their overweight rating on shares of GKN plc (LON:GKN) in a research report sent to investors on Monday morning, MarketBeat.com reports. They currently have a GBX 370 ($4.92) price target on the stock.
Other equities research analysts have also recently issued research reports about the company. Numis Securities Ltd restated a buy rating and set a GBX 420 ($5.58) price objective on shares of GKN plc in a report on Thursday, July 27th. Beaufort Securities reiterated a buy rating on shares of GKN plc in a report on Thursday, July 27th. Deutsche Bank AG reiterated a buy rating on shares of GKN plc in a report on Monday, July 10th. Peel Hunt lifted their target price on GKN plc from GBX 475 ($6.31) to GBX 535 ($7.11) and gave the company a buy rating in a report on Tuesday, August 29th. Finally, HSBC Holdings plc reiterated a buy rating and issued a GBX 445 ($5.91) target price on shares of GKN plc in a report on Friday, September 29th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 387.08 ($5.14).
Shares of GKN plc (LON:GKN) opened at 304.10 on Monday. The stock’s market cap is GBX 5.21 billion. GKN plc has a 12-month low of GBX 295.20 and a 12-month high of GBX 379.30. The company has a 50 day moving average price of GBX 335.86 and a 200 day moving average price of GBX 339.23.
About GKN plc
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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