A number of other equities research analysts have also issued reports on the company. Numis Securities lowered GKN to a hold rating and set a GBX 450 ($6.10) price target for the company. in a research report on Monday. Barclays upped their price target on GKN from GBX 370 ($5.02) to GBX 450 ($6.10) and gave the company an overweight rating in a research report on Monday. Deutsche Bank upped their price target on GKN from GBX 395 ($5.36) to GBX 440 ($5.97) and gave the company a buy rating in a research report on Monday. Liberum Capital upped their price target on GKN from GBX 300 ($4.07) to GBX 425 ($5.76) and gave the company a hold rating in a research report on Friday, January 12th. Finally, JPMorgan Chase & Co. restated an overweight rating and issued a GBX 378 ($5.13) price target on shares of GKN in a research report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 426.88 ($5.79).
GKN (LON:GKN) traded down GBX 3 ($0.04) during mid-day trading on Monday, hitting GBX 442 ($5.99). The stock had a trading volume of 19,920,000 shares, compared to its average volume of 9,790,000. The stock has a market capitalization of $7,590.00 and a price-to-earnings ratio of 1,524.14. GKN has a 1-year low of GBX 2.95 ($0.04) and a 1-year high of GBX 449.46 ($6.10).
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GKN plc is a global engineering company. The Company is engaged in the design, manufacture and service of systems and components for original equipment manufacturers. The Company operates in four segments: GKN Aerospace, GKN Driveline, GKN Powder Metallurgy and GKN Land Systems. The GKN Aerospace segment is a supplier of airframe and engine structures, landing gear, electrical interconnection systems, transparencies and aftermarket services.
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