GKN plc’s (GKN) “Buy” Rating Reiterated at Jefferies Group LLC
GKN plc (LON:GKN)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Friday. They currently have a GBX 425 ($5.59) target price on the stock. Jefferies Group LLC’s price target points to a potential upside of 43.58% from the stock’s current price.
Several other research analysts also recently weighed in on the stock. Deutsche Bank AG restated a “buy” rating and set a GBX 395 ($5.20) price target on shares of GKN plc in a research report on Friday, October 13th. Liberum Capital upgraded shares of GKN plc to a “hold” rating and set a GBX 300 ($3.95) price target for the company in a research report on Monday, October 23rd. Barclays PLC restated an “overweight” rating and set a GBX 370 ($4.87) price target on shares of GKN plc in a research report on Monday, October 16th. Canaccord Genuity downgraded shares of GKN plc to a “hold” rating and set a GBX 550 ($7.23) price objective for the company. in a report on Friday, September 8th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($6.58) price objective on shares of GKN plc in a report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 390.47 ($5.14).
GKN plc (GKN) opened at GBX 296 ($3.89) on Friday. GKN plc has a 1 year low of GBX 280 ($3.68) and a 1 year high of GBX 379.30 ($4.99).
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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