Peel Hunt reiterated their buy rating on shares of GKN (LON:GKN) in a research note released on Monday, January 22nd. The brokerage currently has a GBX 500 ($6.91) price objective on the stock.
Several other equities analysts have also commented on GKN. restated a buy rating and issued a GBX 445 ($6.15) price objective on shares of GKN in a report on Friday, September 29th. Deutsche Bank restated a buy rating and issued a GBX 395 ($5.46) price objective on shares of GKN in a report on Thursday, October 5th. JPMorgan Chase & Co. decreased their price objective on shares of GKN from GBX 428 ($5.91) to GBX 378 ($5.22) and set an overweight rating on the stock in a report on Monday, October 16th. Barclays restated an overweight rating and issued a GBX 370 ($5.11) price objective on shares of GKN in a report on Monday, October 16th. Finally, Numis Securities lowered shares of GKN to an add rating and set a GBX 380 ($5.25) price objective on the stock. in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 426.88 ($5.90).
GKN (GKN) traded up GBX 13.30 ($0.18) during trading on Monday, hitting GBX 411.30 ($5.68). 15,655,263 shares of the stock traded hands, compared to its average volume of 13,240,000. GKN has a twelve month low of GBX 2.95 ($0.04) and a twelve month high of GBX 449.46 ($6.21). The stock has a market cap of $6,990.00 and a PE ratio of 1,418.28.
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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.
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