Numis Securities Reaffirms “Hold” Rating for GKN (GKN)

Numis Securities reissued their hold rating on shares of GKN (LON:GKN) in a research report report published on Wednesday. The firm currently has a GBX 450 ($6.22) price target on the stock.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. restated an overweight rating and set a GBX 378 ($5.22) target price on shares of GKN in a report on Thursday, December 7th. Peel Hunt restated a buy rating and set a GBX 500 ($6.91) target price on shares of GKN in a report on Monday, November 6th. Investec upgraded GKN to a buy rating and increased their target price for the company from GBX 335 ($4.63) to GBX 400 ($5.53) in a report on Monday, November 6th. Jefferies Group increased their target price on GKN from GBX 380 ($5.25) to GBX 425 ($5.87) and gave the company a buy rating in a report on Thursday, November 9th. Finally, Liberum Capital upgraded GKN to a hold rating and set a GBX 300 ($4.14) target price for the company in a report on Monday, October 23rd. Two 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 stock. GKN currently has a consensus rating of Hold and a consensus price target of GBX 426.88 ($5.90).

Shares of GKN (LON:GKN) opened at GBX 416.50 ($5.75) on Wednesday. The firm has a market capitalization of $7,150.00 and a PE ratio of 1,436.21. GKN has a fifty-two week low of GBX 2.95 ($0.04) and a fifty-two week high of GBX 449.46 ($6.21).

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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.

Analyst Recommendations for GKN (LON:GKN)

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