GKN Given New GBX 350 Price Target at UBS AG (GKN)

Share on StockTwits

Stock analysts at UBS AG boosted their price objective on shares of GKN (LON: GKN) from GBX 275 ($4.17) to GBX 350 ($5.31) in a report issued on Tuesday, ARN reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective would suggest a potential upside of 11.68% from the stock’s previous close.

Shares of GKN (LON: GKN) traded down 2.04% during mid-day trading on Tuesday, hitting GBX 307.00. GKN has a 52 week low of GBX 167.786 and a 52 week high of GBX 314.90. The stock’s 50-day moving average is currently GBX 0.. The company’s market cap is £5.002 billion.

GKN has been the subject of a number of other recent research reports. Analysts at Arden Partners Ltd reiterated a “neutral” rating on shares of GKN in a research note to investors on Monday. They now have a GBX 300 ($4.55) price target on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of GKN from GBX 268 ($4.07) to GBX 322 ($4.89) in a research note to investors on Thursday, May 30th. They now have a “neutral” rating on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of GKN in a research note to investors on Tuesday, May 28th. They now have a GBX 260 ($3.95) price target on the stock.

Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 294.02 ($4.46).

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.

Latest News

Costco Wholesale Distributing Special Dividend
Costco Wholesale Distributing Special Dividend
Shake Shack IPO Soars
Shake Shack IPO Soars
Qatar Airways Acquires British Airways Stake
Qatar Airways Acquires British Airways Stake
Apple Smashes Projections with iPhone Sales
Apple Smashes Projections with iPhone Sales
Revenue Drops at Proctor & Gamble on Strong Dollar
Revenue Drops at Proctor & Gamble on Strong Dollar
Mattel CEO Resigns As Struggles at Toymaker Continue
Mattel CEO Resigns As Struggles at Toymaker Continue


Leave a Reply

Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.