GKN PT Raised to $3.94 at Nomura (GKN)
GKN (LON: GKN) had its target price raised by Nomura from $3.71 (245 GBX) to $3.94 (260 GBX) in a report released on Wednesday. Nomura currently has a neutral rating on the stock.
Shares of GKN traded down 1.21% during mid-day trading on Wednesday, hitting GBX 269.70. GKN has a one year low of GBX 167.786 and a one year high of GBX 267.00. The stock’s 50-day moving average is currently GBX 221.7. The company’s market cap is £4.378 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase cut their price target on shares of GKN from $4.02 to $3.94 in a research note to investors on Wednesday. They now have a neutral rating on the stock. Separately, analysts at Societe Generale reiterated a hold rating on shares of GKN in a research note to investors on Wednesday. They now have a $3.94 price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a buy rating on shares of GKN in a research note to investors on Tuesday. They now have a $5.31 price target on the stock.
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