Today: The GKN plc’s (GKN) “Buy” Rating Reiterate at Numis Securities Ltd

The GKN plc’s (GKN) “Buy” Rating Reiterate at Numis Securities Ltd

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.

Related posts

Leave a Comment