GKN’s (LON:GKN) Buy Rating Reaffirmed at Jefferies Group

GKN (LON:GKN)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued to clients and investors on Friday, November 17th. They currently have a GBX 425 ($5.69) price target on the stock. Jefferies Group’s price objective would suggest a potential upside of 38.21% from the company’s current price.

A number of other equities analysts have also recently issued reports on GKN. Beaufort Securities reiterated a “buy” rating on shares of GKN in a report on Thursday, July 27th. Numis Securities reiterated a “buy” rating and set a GBX 420 ($5.62) target price on shares of GKN in a report on Thursday, July 27th. Liberum Capital restated a “sell” rating and issued a GBX 300 ($4.02) price objective on shares of GKN in a report on Friday, August 4th. Barclays restated an “overweight” rating and issued a GBX 390 ($5.22) price objective on shares of GKN in a report on Monday, August 7th. Finally, Deutsche Bank restated a “buy” rating and issued a GBX 395 ($5.29) price objective on shares of GKN in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. GKN currently has a consensus rating of “Buy” and a consensus target price of GBX 390.47 ($5.23).

GKN (LON GKN) opened at GBX 307.50 ($4.12) on Friday. GKN has a 1-year low of GBX 2.95 ($0.04) and a 1-year high of GBX 379.30 ($5.08).

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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)

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