GKN (GKN) Receives Buy Rating from Deutsche Bank
A number of other research analysts have also commented on GKN. Barclays reiterated an overweight rating and set a GBX 390 ($5.25) price objective on shares of GKN in a research note on Monday, August 7th. Peel Hunt lifted their price target on shares of GKN from GBX 475 ($6.39) to GBX 535 ($7.20) and gave the stock a buy rating in a research report on Tuesday, August 29th. Canaccord Genuity lowered shares of GKN to a hold rating and set a GBX 550 ($7.40) price target on the stock. in a research report on Friday, September 8th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 428 ($5.76) price target on shares of GKN in a research report on Friday, September 15th. Finally, restated a buy rating and issued a GBX 445 ($5.99) price target on shares of GKN in a research report on Friday, September 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of Buy and an average price target of GBX 389.80 ($5.25).
GKN (LON GKN) traded down GBX 3.50 ($0.05) during midday trading on Monday, hitting GBX 299.50 ($4.03). 7,193,830 shares of the company were exchanged, compared to its average volume of 10,870,000. GKN has a fifty-two week low of GBX 2.95 ($0.04) and a fifty-two week high of GBX 379.30 ($5.10).
ILLEGAL ACTIVITY NOTICE: “GKN (GKN) Receives Buy Rating from Deutsche Bank” was published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://theolympiareport.com/2017/12/05/gkn-gkn-receives-buy-rating-from-deutsche-bank.html.
GKN 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 Analyst Ratings Network's FREE daily email newsletter.