GKN’s (GKN) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of GKN plc (LON:GKN) in a research report released on Monday, November 6th, StockTargetPrices.com reports. Peel Hunt currently has a GBX 500 ($6.58) price target on the stock.

Several other research analysts also recently commented on GKN. Deutsche Bank AG restated a buy rating on shares of GKN in a report on Monday, July 10th. Barclays PLC restated an overweight rating on shares of GKN in a report on Tuesday, July 18th. BNP Paribas reiterated an underperform rating and issued a GBX 295 ($3.88) price target on shares of GKN in a report on Tuesday, July 18th. Beaufort Securities reiterated a buy rating on shares of GKN in a report on Thursday, July 27th. Finally, Numis Securities Ltd reiterated a buy rating and issued a GBX 420 ($5.52) price target on shares of GKN in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 390.47 ($5.14).

GKN (LON:GKN) traded down GBX 0.70 ($0.01) on Monday, reaching GBX 306.10 ($4.03). The company’s stock had a trading volume of 3,864,543 shares, compared to its average volume of 13,970,000. GKN has a one year low of GBX 2.95 ($0.04) and a one year high of GBX 379.30 ($4.99).

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About GKN

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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Analyst Recommendations for GKN (LON:GKN)

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