GKN plc (GKN) Price Target Raised to GBX 425 at Jefferies Group LLC

GKN plc (LON:GKN) had its target price hoisted by Jefferies Group LLC from GBX 380 ($5.00) to GBX 425 ($5.59) in a research note published on Thursday. They currently have a buy rating on the stock.

Several other research analysts have also recently weighed in on GKN. Numis Securities Ltd reissued a buy rating and set a GBX 420 ($5.52) price objective on shares of GKN plc in a report on Thursday, July 27th. HSBC Holdings plc decreased their price objective on shares of GKN plc from GBX 445 ($5.85) to GBX 400 ($5.26) and set a buy rating for the company in a report on Monday, October 16th. Peel Hunt reissued a buy rating and set a GBX 500 ($6.58) price objective on shares of GKN plc in a report on Tuesday, October 31st. Barclays PLC upped their target price on shares of GKN plc from GBX 390 ($5.13) to GBX 400 ($5.26) and gave the company an overweight rating in a report on Friday, August 18th. Finally, Beaufort Securities reaffirmed a buy rating on shares of GKN plc in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 390.47 ($5.14).

GKN plc (LON:GKN) traded down GBX 1.60 ($0.02) on Thursday, hitting GBX 320 ($4.21). 5,040,403 shares of the stock traded hands, compared to its average volume of 11,650,000. GKN plc has a 1 year low of GBX 298.10 ($3.92) and a 1 year high of GBX 379.30 ($4.99).

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GKN plc Company Profile

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.

Analyst Recommendations for GKN plc (LON:GKN)

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