GKN (LON:GKN)‘s stock had its “buy” rating reiterated by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 430 ($7.09) price objective on the stock. Cantor Fitzgerald Europe’s target price points to a potential upside of 6.54% from the stock’s previous close.
A number of other firms have also recently commented on GKN. Analysts at Barclays reiterated an “equal weight” rating on shares of GKN in a research note to investors on Thursday. They now have a GBX 327 ($5.39) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of GKN in a research note to investors on Monday. They now have a GBX 430 ($7.09) price target on the stock. Finally, analysts at Investec raised their price target on shares of GKN from GBX 410 ($6.76) to GBX 420 ($6.92) in a research note to investors on Monday. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 354.27 ($5.84).
GKN plc is a holding company. The Company is a global engineering group. The Company operates in four divisions: GKN Driveline, GKN Powder Metallurgy, GKN Aerospace and GKN Land Systems.
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