GKN plc (OTCMKTS:GKNLY) – Equities researchers at Jefferies Group increased their FY2020 EPS estimates for GKN in a research report issued on Wednesday. Jefferies Group analyst S. Morris now forecasts that the company will earn $0.67 per share for the year, up from their previous forecast of $0.47.
Other analysts also recently issued reports about the stock. Zacks Investment Research raised shares of GKN from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. Numis Securities downgraded shares of GKN from a “buy” rating to a “hold” rating in a report on Monday, January 15th.
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GKN 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.
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