HSBC initiated coverage on shares of GKN plc (NASDAQ:GKNLY) in a report issued on Thursday. The firm issued a buy rating on the stock.
GKNLY has been the subject of several other reports. Zacks Investment Research cut shares of GKN plc from a hold rating to a sell rating in a report on Thursday, July 7th. Citigroup Inc. cut shares of GKN plc from a buy rating to a neutral rating in a report on Wednesday, July 27th. Goldman Sachs Group Inc. cut shares of GKN plc from a buy rating to a neutral rating in a report on Monday, June 27th. Bank of America Corp. lowered shares of GKN plc from a buy rating to a neutral rating in a research note on Tuesday, July 5th. Finally, Beaufort Securities reiterated a buy rating on shares of GKN plc in a research note on Wednesday, July 27th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $4.75.
Shares of GKN plc (NASDAQ:GKNLY) opened at 3.98 on Thursday. The stock has a market capitalization of $6.83 billion and a PE ratio of 27.26. GKN plc has a 52 week low of $3.36 and a 52 week high of $4.75. The company’s 50 day moving average is $4.13 and its 200-day moving average is $4.04.
About GKN plc