GKN Share Discussion Threads

[mechanical trader] 05/2/2013 11:04

05 Feb GKN PLC GKN Investec Buy 247.05 247.30 275.00 275.00 Reiterates

SP TARGET 275p

[mechanical trader] 01/2/2013 09:26

01 Feb GKN PLC GKN Oriel Securities Buy 245.65 240.80 300.00 - Reiterates

SP TARGET 300p.

[thorpematt] 30/1/2013 07:34

Did everyone else just hear that?









YES, that's right. The sound of a penny dropping.

GKN is a great company with great products...and it's too cheap.

[mechanical trader] 29/1/2013 08:38

UBS has reiterated its 'buy' rating for engineering giant GKN and raised its target price for the stock from 230p to 270p, saying that "life should get better" after a difficult fourth quarter.

[mechanical trader] 29/1/2013 08:24

29 Jan GKN PLC GKN Citigroup Buy 224.45 241.50 290.00 290.00 Reiterates

Target share price 290p.

[philo124] 28/1/2013 11:50

UBS, today target 270p from 230p, Buy.
Sticking their necks out eh?

[mechanical trader] 23/1/2013 08:57

GKN


Brokers well onside............

GKN Broker Views

Date Broker Recommendation Price Old target price New target price Notes

17 Jan Credit Suisse Outperform 244.25 255.00 255.00 Reiterates
17 Jan Oriel Securities Buy 244.25 300.00 300.00 Reiterates
15 Jan Bank of America Merrill Lynch Buy 244.25 280.00 280.00 Reiterates
11 Jan Investec Buy 244.25 224.00 275.00 Upgrades

N@P Building society.

[philo124] 21/1/2013 15:57

Good run up to 250p.

[daz] 20/1/2013 12:53

Nice find Thorpematt

[thorpematt] 20/1/2013 11:49

Tailwind:-




I like a tailwind me.

[daz] 16/1/2013 08:27

I think it has broken out now, it's maintained the 240p level for a few days now, so onwards from here supported by earnings growth and a re-rating as I don't see why it should trade at such a discount.

[mechanical trader] 16/1/2013 03:17

On verge of a 5 year breakout,

Could be a dynamic one at that
given its the 7th attempt.

[thorpematt] 11/1/2013 21:05

IMO this chart looks very bullish right now.

Granted it could retrace (one last time of that rather obvious horizontal line of resistance (tested 4 times already) BUT it could just as soon as blow straight off the top.

P.S Even if it does re-trace it will be supported (IMO) by that sloping line so just a matter of time I reckon.

[jbarker5555] 10/1/2013 21:46

Sold a few at the close to free up an account I want to shut down, bound to jump tomorrow now! ;)

Digital look showing EPS of 24.4, 26.77 and 29.67 for end 2012, 2013, 2014. Still looks quite cheap on a P/E of 10, 9 and 8 respectively for a FTSE100 Co. with a 3%+ divi. AIMO :)

[philo124] 10/1/2013 18:59

Yep, 260p, dependant on overall market imo.

[daz] 10/1/2013 13:36

The shares Look very close to a breakout, if the 240 level can be held

[philo124] 03/1/2013 13:18

Still holding for 260p.

[libertine] 03/1/2013 11:33

Times Article

[bostonborn] 02/1/2013 16:37

Are you able to provide the whole of the article in the Times including the other 9 companies tipped for 2013. I am already a GKN fan and shareholder and have been since 2003. I understand Thomas Cook & Lamprell may have been mentioned? Thank you.

[valedo] 02/1/2013 08:26

GKN on Times top ten tips for 2013. No target price given but I'd forecast 300 minimum.


GKN is one of our strongest engineers. Its purchase of Volvo Aero boosts its exposure to civil aviation, while it should do well from any recovery in the European automotive market. The shares have recovered from their fall on a weakish outlook statement in October but still sell on less than nine times forward earnings, which looks good value.

[shauney2] 24/11/2012 09:20

Among the blue-chips, the top riser was engineering group GKN, which is about to embark on a major expansion of its pint-sized engine components business, after buying Volvo Aero in July for £630million. It gained 4p to 218.4p.

Read more:

[nil pd] 02/11/2012 13:41

It looks like Societe Generale (which started coverage on 31 Oct at 220p) is going to have to raise their target.

I suppose coming in low was their strategy to "be right". Anyway, it IS good to be out of the doldrums. Where to now - 240p+?

[philo124] 18/10/2012 15:47

What's Up Doc?