GKN Receives Buy Rating from Numis Securities Ltd (GKN)

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GKN (LON:GKN)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a research note issued on Monday, StockRatingsNetwork reports. They currently have a GBX 467 ($7.67) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 18.44% from the stock’s previous close.

Shares of GKN (LON:GKN) opened at 397.60 on Monday. GKN has a one year low of GBX 236.626 and a one year high of GBX 409.70. The stock has a 50-day moving average of GBX 381. and a 200-day moving average of GBX 361.1. The company’s market cap is £6.444 billion.

A number of other analysts have also recently weighed in on GKN. Analysts at Societe Generale raised their price target on shares of GKN from GBX 430 ($7.07) to GBX 450 ($7.40) in a research note to investors on Monday, January 20th. They now have a “buy” rating on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of GKN in a research note to investors on Thursday, January 16th. They now have a GBX 430 ($7.07) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of GKN in a research note to investors on Thursday, January 16th. They now have a GBX 430 ($7.07) price target on the stock. Seven analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 355.74 ($5.85).

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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