GKN (LON: GKN) was downgraded by equities researchers at Investec to a “hold” rating in a report issued on Monday. They currently have a $3.87 (240 GBX) target price on the stock.

Shares of GKN opened at 220.50 on Monday. GKN has a 52 week low of GBX 149.811 and a 52 week high of GBX 242.10. The company’s market cap is £3.583 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of GKN in a research note to investors on Friday. They now have a $4.44 price target on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of GKN in a research note to investors on Friday, August 31st. They now have a $4.37 price target on the stock.

GKN plc is a holding company. The Company is a global engineering group. The Company operates in four divisions: GKN Driveline, GKN Powder Metallurgy, GKN Aerospace and GKN Land Systems.

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