Numis Securities Ltd reaffirmed their buy rating on shares of GKN plc (LON:GKN) in a research report released on Wednesday. Numis Securities Ltd currently has a GBX 390 ($4.75) price objective on the stock.
A number of other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 399 ($4.86) price objective on shares of GKN plc in a research report on Tuesday, October 18th. Barclays PLC reaffirmed an overweight rating and issued a GBX 345 ($4.20) target price on shares of GKN plc in a research report on Thursday, October 20th. HSBC began coverage on shares of GKN plc in a research report on Thursday, October 6th. They issued a buy rating and a GBX 395 ($4.81) target price on the stock. Canaccord Genuity reduced their target price on shares of GKN plc from GBX 445 ($5.42) to GBX 370 ($4.51) and set a buy rating on the stock in a research report on Friday, September 2nd. Finally, Panmure Gordon downgraded shares of GKN plc to a hold rating and reduced their target price for the stock from GBX 375 ($4.57) to GBX 300 ($3.66) in a research report on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of Buy and an average target price of GBX 338.67 ($4.13).
Shares of GKN plc (LON:GKN) opened at 314.20 on Wednesday. GKN plc has a 12-month low of GBX 245.80 and a 12-month high of GBX 339.90. The company’s 50-day moving average is GBX 322.73 and its 200-day moving average is GBX 296.14. The stock’s market cap is GBX 5.39 billion.