GKN (LON: GKN) was upgraded by equities research analysts at Goldman Sachs to a “neutral” rating in a research note issued to investors on Monday. The firm currently has a $4.09 (272 GBX) price target on the stock, up from their previous price target of $2.93 (195 GBX).
A number of other firms have also recently commented on GKN. Analysts at Citigroup raised their price target on shares of GKN from $4.36 to $4.81 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at UBS AG raised their price target on shares of GKN from $4.09 to $4.17 in a research note to investors on Wednesday, February 27th. They now have a “buy” rating on the stock. Finally, analysts at Nomura raised their price target on shares of GKN from $3.71 to $3.94 in a research note to investors on Wednesday, February 27th. They now have a “neutral” rating on the stock.
GKN opened at 271.30 on Monday. GKN has a 1-year low of GBX 167.786 and a 1-year high of GBX 276.20. The stock’s 50-day moving average is currently GBX 221.7. The company’s market cap is £4.429 billion.
GKN plc is a holding company. The Company is a global engineering group. The Company operates in four divisions: GKN Driveline, GKN Powder Metallurgy, GKN Aerospace and GKN Land Systems.
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