JPMorgan Chase Reiterates Overweight on GKN (GKN)
GKN (LON: GKN)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase in a report issued on Tuesday. They currently have a $4.26 (265 GBX) target price on the stock.
Shares of GKN opened at 203.955 on Tuesday. GKN has a 52 week low of GBX 161.543 and a 52 week high of GBX 242.10. The company’s market cap is £3.314 billion.
A number of other firms have also recently commented on GKN. Analysts at Investec downgraded shares of GKN to a “hold” rating in a research note to investors on Monday, September 24th. They now have a $3.87 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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