GKN (LON:GKN)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research note issued to investors on Thursday. They currently have a GBX 500 ($6.91) price target on the stock. Peel Hunt’s price objective indicates a potential upside of 17.23% from the stock’s previous close.
Other research analysts also recently issued research reports about the stock. Numis Securities reissued a “buy” rating and issued a GBX 370 ($5.11) price objective on shares of GKN in a research report on Tuesday, December 5th. Deutsche Bank restated a “buy” rating and set a GBX 395 ($5.46) target price on shares of GKN in a research note on Monday, December 4th. Berenberg Bank raised their target price on shares of GKN from GBX 365 ($5.04) to GBX 455 ($6.29) and gave the stock a “buy” rating in a research note on Monday, January 15th. Jefferies Group raised their target price on shares of GKN from GBX 380 ($5.25) to GBX 425 ($5.87) and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, Investec upgraded shares of GKN to a “buy” rating and raised their target price for the stock from GBX 335 ($4.63) to GBX 400 ($5.53) in a research note on Monday, November 6th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 426.88 ($5.90).
GKN (LON:GKN) opened at GBX 426.50 ($5.89) on Thursday. GKN has a 12-month low of GBX 2.95 ($0.04) and a 12-month high of GBX 449.46 ($6.21). The company has a market cap of $7,330.00 and a PE ratio of 1,470.69.
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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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