Several other research analysts have also weighed in on GKN. Liberum Capital reaffirmed a hold rating and set a GBX 300 ($4.14) target price on shares of GKN in a research note on Thursday, November 16th. Peel Hunt reaffirmed a buy rating and set a GBX 500 ($6.91) target price on shares of GKN in a research note on Thursday, November 16th. Jefferies Group reaffirmed a buy rating and set a GBX 425 ($5.87) target price on shares of GKN in a research note on Friday, November 17th. Deutsche Bank reaffirmed a buy rating and set a GBX 395 ($5.46) target price on shares of GKN in a research note on Friday, November 17th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 378 ($5.22) target price on shares of GKN in a research note on Friday, November 17th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 434.81 ($6.01).
GKN (LON:GKN) opened at GBX 434 ($6.00) on Monday. The firm has a market cap of $7,290.00 and a PE ratio of 1,496.55. GKN has a 12 month low of GBX 2.95 ($0.04) and a 12 month high of GBX 449.46 ($6.21).
TRADEMARK VIOLATION WARNING: “Citigroup Reiterates “Neutral” Rating for GKN (GKN)” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://sportsperspectives.com/2018/03/13/citigroup-reiterates-neutral-rating-for-gkn-gkn.html.
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.
Receive News & Ratings for GKN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GKN and related companies with MarketBeat.com's FREE daily email newsletter.