Shares of GKN plc (NASDAQ:GKNLY) have been assigned an average rating of “Buy” from the six research firms that are covering the firm. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $4.75.
GKNLY has been the subject of several research analyst reports. Zacks Investment Research raised GKN plc from a “hold” rating to a “buy” rating and set a $4.25 price objective for the company in a research report on Monday, June 13th. Beaufort Securities restated a “buy” rating on shares of GKN plc in a research note on Wednesday, July 27th. Citigroup Inc. lowered GKN plc from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 27th. Bank of America Corp. lowered GKN plc from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 5th. Finally, Goldman Sachs Group Inc. lowered GKN plc from a “buy” rating to a “neutral” rating in a research note on Monday, June 27th.
Shares of GKN plc (NASDAQ:GKNLY) traded down 0.72% during mid-day trading on Wednesday, hitting $4.15. The company had a trading volume of 40,659 shares. GKN plc has a 12-month low of $3.36 and a 12-month high of $4.75. The firm’s 50 day moving average is $4.12 and its 200-day moving average is $4.04. The firm has a market cap of $7.12 billion and a PE ratio of 27.67.
About GKN plc
Receive News & Ratings for GKN plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GKN plc and related companies with MarketBeat.com's FREE daily email newsletter.