GKN plc (GKN) Price Target Raised to GBX 445

GKN plc (GKN) Price Target Raised to GBX 445

GKN plc (LON:GKN) had its price target raised by Peel Hunt from GBX 420 ($5.24) to GBX 445 ($5.55) in a research report released on Tuesday morning. They currently have a buy rating on the stock.

A number of other equities research analysts have also weighed in on GKN. Canaccord Genuity restated a buy rating and issued a GBX 370 ($4.62) target price on shares of GKN plc in a report on Monday, December 12th. Bank of America Corporation reiterated a buy rating and issued a GBX 365 ($4.56) price objective on shares of GKN plc in a research note on Wednesday, January 11th. Liberum Capital lowered shares of GKN plc to a sell rating and set a GBX 300 ($3.74) price objective for the company. in a research note on Friday, January 20th. Beaufort Securities reiterated a buy rating on shares of GKN plc in a research note on Wednesday, October 26th. Finally, HSBC Holdings plc reiterated a buy rating and issued a GBX 395 ($4.93) price objective on shares of GKN plc in a research note on Monday, December 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 346.45 ($4.32).

Shares of GKN plc (LON:GKN) opened at 348.292053 on Tuesday. The stock’s 50 day moving average price is GBX 333.16 and its 200-day moving average price is GBX 316.08. The company’s market cap is GBX 5.98 billion. GKN plc has a one year low of GBX 245.80 and a one year high of GBX 353.23.

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. Its GKN Aerospace segment is a supplier of aerostructures, engine products and systems, and electrical wiring systems to the global aerospace industry.

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