A number of other analysts also recently commented on the company. JPMorgan Chase & Co. restated an overweight rating and set a GBX 378 ($5.22) price objective on shares of GKN in a report on Thursday, December 7th. Jefferies Group upped their price objective on GKN from GBX 380 ($5.25) to GBX 425 ($5.87) and gave the stock a buy rating in a report on Thursday, November 9th. Berenberg Bank upped their price objective on GKN from GBX 365 ($5.04) to GBX 455 ($6.29) and gave the stock a buy rating in a report on Monday, January 15th. Liberum Capital restated a hold rating and set a GBX 300 ($4.14) price objective on shares of GKN in a report on Thursday, November 16th. Finally, Numis Securities restated a buy rating and set a GBX 370 ($5.11) price objective on shares of GKN in a report on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. GKN has a consensus rating of Hold and an average price target of GBX 434.81 ($6.01).
Shares of GKN (GKN) opened at GBX 439.10 ($6.07) on Friday. The company has a market capitalization of $7,550.00 and a price-to-earnings ratio of 1,514.14. GKN has a twelve month low of GBX 2.95 ($0.04) and a twelve month 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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