GKN (GKN) Rating Reiterated by Numis Securities

GKN (LON:GKN)‘s stock had its “buy” rating reiterated by Numis Securities in a report issued on Tuesday. They presently have a GBX 370 ($4.98) target price on the stock. Numis Securities’ price objective suggests a potential upside of 25.80% from the stock’s previous close.

GKN has been the topic of a number of other research reports. Peel Hunt restated a “buy” rating and issued a GBX 535 ($7.20) target price on shares of GKN in a research note on Monday, October 9th. Deutsche Bank restated a “buy” rating and issued a GBX 395 ($5.32) target price on shares of GKN in a research note on Thursday, October 5th. Barclays restated an “overweight” rating and issued a GBX 390 ($5.25) target price (down previously from GBX 400 ($5.38)) on shares of GKN in a research note on Thursday, September 21st. restated a “buy” rating and issued a GBX 445 ($5.99) target price on shares of GKN in a research note on Friday, September 29th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 428 ($5.76) price target on shares of GKN in a research report on Friday, September 15th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 395.75 ($5.33).

Shares of GKN (GKN) traded down GBX 3.63 ($0.05) during trading hours on Tuesday, reaching GBX 294.13 ($3.96). The company had a trading volume of 2,163,288 shares, compared to its average volume of 9,710,000. GKN has a 12 month low of GBX 2.95 ($0.04) and a 12 month high of GBX 379.30 ($5.10).

ILLEGAL ACTIVITY WARNING: This story was reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://www.com-unik.info/2017/12/07/gkn-gkn-rating-reiterated-by-numis-securities.html.

About GKN

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.

Analyst Recommendations for GKN (LON:GKN)

What are top analysts saying about GKN plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for GKN plc and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit