A statement released earlier today by JP Morgan Cazenove about GKN PLC (LON:GKN) maintains the target price at 399.00GBX
- Updated: September 17, 2016
Only yesterday GKN PLC (LON:GKN) traded 0.82% lower at 305.00GBX. The company’s 50-day average is 309.05GBX and its 200-day average is 288.03GBX. The last stock price is up 9.47% relative to the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was was up over the average, with 7,647,860 shares of GKN changing hands over the typical 7,026,220 shares..
JP Morgan Cazenove held the target price of GKN PLC (LON:GKN) at 399GBX, stating a possible upside of 0.31%,
On 8/19/2016, Goldman Sachs released a statement on GKN PLC(LON:GKN) bumped the target price from 290.00GBX to 311.00GBX that suggested an upside of 0.04%.
Recent Performance Graphic:
In addition to JP Morgan Cazenove reporting it’s price target, a total of 17 analysts have issued a report on the company. The 12-month target price is 333.12GBX with six firms rating the stock a strong buy, eight firms rating the company a buy, four firms rating the stock a hold, one analyst rating the stock to underperform, and finally 0 firms rating the company as sell.
GKN PLC has a P/E of 27 with a one-year low of 245.80GBX and a one-year high of 339.90GBX and has a market cap of 0.0 GBX.
More About GKN PLC (LON: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. Its GKN Aerospace segment is a supplier of aerostructures, engine products and systems, and electrical wiring systems to the global aerospace industry. Its GKN Driveline segment is a supplier of automotive driveline systems and solutions to vehicle manufacturers. The GKN Powder Metallurgy segment is a manufacturer of sintered components and a producer of metal powder. Its GKN Land Systems segment is a supplier of power management products and services for agricultural, construction, mining and industrial equipment. It supplies products and services to a range of commercial and military aircraft and engine prime contractors, and and other tier one suppliers.
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