GKN (LON:GKN): RBC Capital Markets Reaffirms “Outperform” Rating Today, Has a Target of GBX 335/Share

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GKN (LON:GKN) Rating Reaffirmed

In analysts report released on Tuesday morning, The “Outperform” rating of GKN (LON:GKN) shares was maintained at RBC Capital Markets, who now has a GBX 335 target price per share on the stock. RBC Capital Markets’s target price per share suggests a possible upside of 17.54% from the stock price of the company.

From a total of 18 analysts covering GKN PLC (LON:GKN) stock, 13 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 76% of the ratings are positive. The highest target price is GBX 450 while the lowest target price is GBX 265. The mean of all analyst targets is GBX 359.44 with a 34.87% above today’s (GBX 287.8) stock price. GKN PLC was the topic of 61 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 8 with “Outperform” rating. Berenberg maintained shares with “Buy” rating and GBX 370 target share price in a report from a November 4. Credit Suisse maintained GKN stock in a recent report from November 24 with “Outperform” rating. Panmure Gordon maintained the rating on November 4. Panmure Gordon has a “Buy” rating and a GBX 375 price target on shares. Finally, Liberum Capital maintained the stock with “Hold” rating in a report issued on a November 11.

Approximately 570,674 shares of stock traded hands. GKN plc (LON:GKN) has declined 21.54% since May 18, 2015 and is downtrending. It has underperformed by 17.87% the S&P500.

GKN (LON:GKN): RBC Capital Markets Reaffirms

GKN plc is a global engineering company, engaged in the design, manufacture and service of systems and components for original equipment manufacturers. The company has a market cap of 4.93 billion GBP. The Firm operates in four divisions: Aerospace, Driveline, Powder Metallurgy and Land Systems. It has 31.8 P/E ratio. The Company’s Aerospace segment is a supplier of aerostructures and engine products and systems to aerospace industry.

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