GKN plc’s (GKN) “Buy” Rating Reaffirmed at Deutsche Bank AG
GKN plc (LON:GKN)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank AG in a report released on Friday. They presently have a GBX 395 ($5.10) target price on the stock. Deutsche Bank AG’s price target would suggest a potential upside of 17.04% from the stock’s current price.
GKN has been the topic of several other research reports. Liberum Capital reissued a “sell” rating and set a GBX 300 ($3.87) price target on shares of GKN plc in a research note on Friday, August 4th. Beaufort Securities reissued a “buy” rating on shares of GKN plc in a research note on Thursday, July 27th. J P Morgan Chase & Co reissued an “overweight” rating on shares of GKN plc in a research note on Monday, June 19th. Peel Hunt boosted their price target on GKN plc from GBX 475 ($6.13) to GBX 535 ($6.91) and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 390 ($5.04) price target on shares of GKN plc in a research note on Monday, August 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 392.13 ($5.06).
GKN plc (GKN) opened at 338.70 on Friday. The firm’s 50 day moving average price is GBX 322.39 and its 200-day moving average price is GBX 344.06. The firm’s market cap is GBX 5.80 billion. GKN plc has a one year low of GBX 295.20 and a one year high of GBX 379.30.
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About GKN plc
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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