Deutsche Bank AG Reiterates Buy Rating for GKN plc (LON:GKN)

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.

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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.

Analyst Recommendations for GKN plc (LON:GKN)

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