GKN plc (ADR) (NASDAQ:GKNLY) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Zacks Investment Research has downgraded GKN plc (ADR) (NASDAQ:GKNLY) to Hold in a statement released on 10/11/2016.
Boasting a price of $3.98, GKN plc (ADR) (NASDAQ:GKNLY) traded -0.38% lower on the day. With the last stock price close down -1.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. GKN plc (ADR) has recorded a 50-day average of $4.12 and a two hundred day average of $4.04. Trading volume was down over the average, with 28,497 shares of GKNLY changing hands under the typical 80,658
With a total market value of $0, GKN plc (ADR) has 52 week low of $3.36 and a 52 week high of $4.75 with a P/E ratio of 27.12 .
In addition to Zacks Investment Research reporting its target price, a total of 1 broker has issued a report on the stock. The consensus target price is $5.04 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About GKN plc (ADR) (NASDAQ:GKNLY)
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 other tier one suppliers.
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