GKN plc (GKN) Earns Sell Rating from Liberum Capital

Liberum Capital reissued their sell rating on shares of GKN plc (LON:GKN) in a report issued on Tuesday morning. They currently have a GBX 300 ($3.78) target price on the stock.

Several other research firms have also weighed in on GKN. Peel Hunt lifted their price target on GKN plc from GBX 445 ($5.60) to GBX 475 ($5.98) and gave the company a buy rating in a research report on Tuesday, March 21st. Berenberg Bank lifted their price target on GKN plc from GBX 346 ($4.35) to GBX 400 ($5.03) and gave the company a buy rating in a research report on Friday, March 10th. Barclays PLC restated an overweight rating and set a GBX 390 ($4.91) price target on shares of GKN plc in a research report on Monday, March 20th. Deutsche Bank AG lifted their price target on GKN plc from GBX 369 ($4.64) to GBX 395 ($4.97) and gave the company a buy rating in a research report on Thursday, March 2nd. Finally, Beaufort Securities restated a buy rating on shares of GKN plc in a research report on Wednesday, March 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company. GKN plc has a consensus rating of Buy and an average target price of GBX 368.69 ($4.64).

GKN plc (LON:GKN) opened at 350.60 on Tuesday. The firm’s market capitalization is GBX 6.00 billion. The firm has a 50-day moving average price of GBX 364.56 and a 200 day moving average price of GBX 337.30. GKN plc has a 52 week low of GBX 249.40 and a 52 week high of GBX 379.30.

TRADEMARK VIOLATION WARNING: This story was originally reported by Mideast Time and is the property of of Mideast Time. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.mideasttime.com/gkn-plc-gkn-earns-sell-rating-from-liberum-capital/1624471.html.

The firm also recently declared a dividend, which will be paid on Wednesday, May 17th. Stockholders of record on Thursday, April 6th will be paid a GBX 5.90 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, April 6th. This represents a dividend yield of 1.64%. This is a boost from GKN plc’s previous dividend of $2.95.

In other news, insider Kevin Cummings sold 18,279 shares of the business’s stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of GBX 360 ($4.53), for a total value of £65,804.40 ($82,824.92).

GKN plc Company Profile

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. The GKN Aerospace segment is a supplier of airframe and engine structures, landing gear, electrical interconnection systems, transparencies and aftermarket services.

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.



Leave a Reply

 
© 2006-2017 Mideast Time.