GKN (LON:GKN)‘s stock had its “hold” rating reissued by analysts at Liberum Capital in a report issued on Thursday, November 16th. They presently have a GBX 300 ($4.04) price objective on the stock. Liberum Capital’s target price would suggest a potential downside of 0.99% from the company’s previous close.
Other equities research analysts have also issued research reports about the company. Barclays restated an “overweight” rating and set a GBX 370 ($4.98) price target on shares of GKN in a research note on Monday, October 16th. Beaufort Securities restated a “buy” rating on shares of GKN in a research note on Thursday, July 27th. dropped their price target on GKN from GBX 445 ($5.99) to GBX 400 ($5.38) and set a “buy” rating on the stock in a research note on Monday, October 16th. J P Morgan Chase & Co dropped their price target on GKN from GBX 428 ($5.76) to GBX 378 ($5.09) and set an “overweight” rating on the stock in a research note on Monday, October 16th. Finally, Berenberg Bank dropped their price target on GKN from GBX 400 ($5.38) to GBX 365 ($4.91) and set a “buy” rating on the stock in a research note on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 390.47 ($5.26).
GKN (LON GKN) traded down GBX 1.50 ($0.02) on Thursday, reaching GBX 303 ($4.08). The company’s stock had a trading volume of 4,857,679 shares, compared to its average volume of 10,870,000. GKN has a 52 week low of GBX 2.95 ($0.04) and a 52 week high of GBX 379.30 ($5.10).
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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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