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GKN PLC (LON:GKN) target price raised to 390.00GBX, reported today by Numis

GKN PLC (LON:GKN) had its target price raised to 390.00GBX by Numis in a report released 9/23/2016. The new target price indicates a possible upside of 0.20% based on the company's last stock close price.

Previously on Friday September 02, 2016, Canaccord Genuity reported about GKN PLC (LON:GKN) lowered the target price from 445.00GBX to 370.00GBX. At the time, this indicated a possible upside of 0.14%.

Yesterday GKN PLC (LON:GKN) traded 1.15% higher at 324.90GBX. The company’s 50-day moving average is 312.41GBX and its 200-day moving average is 288.82GBX. The last stock close price is up 12.39% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,226,835 shares of the stock were exchanged, down from an average trading volume of 6,969,490

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GKN PLC (LON:GKN)

GKN PLC has a 52 week low of 245.80GBX and a 52 week high of 339.90GBX with a P/E ratio of 28.23 The company’s market cap is currently 0 GBX.

In addition to Numis reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is 333.12GBX with 6 firms rating the stock a strong buy, 8 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

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 other tier one suppliers.

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