GKN plc (LON:GKN)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank AG in a research report issued to clients and investors on Monday, August 7th. They currently have a GBX 395 ($5.13) price target on the stock. Deutsche Bank AG’s price target suggests a potential upside of 25.12% from the stock’s current price.
A number of other research firms have also recently issued reports on GKN. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 410 ($5.32) price target on shares of GKN plc in a research note on Monday, July 3rd. BNP Paribas reaffirmed an “underperform” rating and set a GBX 295 ($3.83) target price on shares of GKN plc in a research note on Tuesday, July 18th. Liberum Capital reaffirmed a “sell” rating and set a GBX 300 ($3.89) target price on shares of GKN plc in a research note on Tuesday, June 6th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 420 ($5.45) target price on shares of GKN plc in a research note on Thursday, July 27th. Finally, Goldman Sachs Group, Inc. (The) reduced their price target on GKN plc from GBX 401 ($5.21) to GBX 384 ($4.99) and set a “neutral” rating on the stock in a report on Wednesday, June 28th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 377.60 ($4.90).
GKN plc (LON:GKN) opened at 315.70 on Monday. The company’s market capitalization is GBX 5.41 billion. GKN plc has a 52-week low of GBX 295.20 and a 52-week high of GBX 379.30. The firm has a 50 day moving average of GBX 325.01 and a 200-day moving average of GBX 347.07.
COPYRIGHT VIOLATION WARNING: “Deutsche Bank AG Reiterates Buy Rating for GKN plc (LON:GKN)” was reported by BNB Daily and is the sole property of of BNB Daily. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.baseball-news-blog.com/2017/08/19/gkn-plcs-longkn-buy-rating-reiterated-at-deutsche-bank-ag-updated.html.
GKN plc Company Profile
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.
Receive News & Ratings for GKN plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GKN plc and related companies with MarketBeat.com's FREE daily email newsletter.