GKN plc (GKN) Receives GBX 426.88 Consensus PT from Analysts

Shares of GKN plc (LON:GKN) have earned an average rating of “Hold” from the seventeen brokerages that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 426.88 ($5.90).

GKN has been the topic of several research reports. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 378 ($5.22) price target on shares of GKN in a research report on Thursday, December 7th. Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($6.91) price target on shares of GKN in a research report on Monday, November 6th. Investec upgraded shares of GKN to a “buy” rating and increased their price target for the company from GBX 335 ($4.63) to GBX 400 ($5.53) in a research report on Monday, November 6th. Jefferies Group increased their price target on shares of GKN from GBX 380 ($5.25) to GBX 425 ($5.87) and gave the company a “buy” rating in a research report on Thursday, November 9th. Finally, Berenberg Bank increased their price target on shares of GKN from GBX 365 ($5.04) to GBX 455 ($6.29) and gave the company a “buy” rating in a research report on Monday, January 15th.

Shares of GKN (LON:GKN) traded up GBX 1.50 ($0.02) on Tuesday, hitting GBX 426.50 ($5.89). The company had a trading volume of 5,330,000 shares, compared to its average volume of 13,900,000. GKN has a one year low of GBX 2.95 ($0.04) and a one year high of GBX 449.46 ($6.21). The company has a market capitalization of $7,330.00 and a price-to-earnings ratio of 1,470.69.

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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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