GKN (LON:GKN)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a research note issued to investors on Friday. They currently have a GBX 440 ($6.08) price target on the stock. Deutsche Bank’s target price suggests a potential upside of 5.64% from the company’s previous close.
Several other research firms have also weighed in on GKN. Numis Securities reissued a “hold” rating and set a GBX 450 ($6.22) price target on shares of GKN in a research report on Wednesday. Peel Hunt reissued a “buy” rating and set a GBX 500 ($6.91) price target on shares of GKN in a research report on Monday, January 22nd. Citigroup reissued a “neutral” rating and set a GBX 443 ($6.12) price target on shares of GKN in a research report on Wednesday, January 17th. Berenberg Bank upped their price target on GKN from GBX 365 ($5.04) to GBX 455 ($6.29) and gave the company a “buy” rating in a research report on Monday, January 15th. Finally, Barclays upped their price target on GKN from GBX 370 ($5.11) to GBX 450 ($6.22) and gave the company an “overweight” rating in a research report on Monday, January 15th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 426.88 ($5.90).
Shares of GKN (GKN) opened at GBX 416.50 ($5.75) on Friday. The stock has a market capitalization of $7,150.00 and a price-to-earnings ratio of 1,436.21. GKN has a 52-week low of GBX 2.95 ($0.04) and a 52-week high of GBX 449.46 ($6.21).
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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.
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