GKN did not stay at number one for long, it is now 6th.
20 Aug '15
Re: Analysts / Broker Updates
Forgot to add that BlackRock, Inc reported that they have upped their stake to above 5%. Which follows the recent Fokker purchase and a solid six months of trading. So, who's playing the fiddle ?
20 Aug '15
Analysts / Broker Updates
Very possible the latest Broker Targets might have induced some selling by private Investors, however, as said, these so called experts are covering their backs so they don't appear as absolute ****s. As we all know in between the lines, games are often being played to get the SP's down for obvious reasons. Trust not those with the power to influence prices, ie' Brokers / Analysts / Market Makers. The Times' Tempus stated at the end of July that the stock is good value, and since, even better with recent drops. The Fokker purchase should earn some extra income along the way too. I doubt that the large Funds will be selling their Holdings, with a view to further gains in due course. Current global issues aren't helping either. I'm hanging in !
15 Aug '15
GKN is number one in the chart I keep for broker recommendations but the only worry is that the number one analyst, Libernum Capital, is still only giving a hold rating. Taking the top 50 shares for recommendations versus the bottom 50, the top shares are are beating the bottom ones by 7% for the year.
14 Aug '15
Just looking back to an earlier post or two in February and the number of brokers who were forecasting target prices of between 400p and 500p for GKN. Since then the stock has dropped almost 20% from the 366p price at the time of making their forecasts to its current 302p. Reassuring to know these so-called experts can be just as hopeless as we mere mortal stockpickers and we shouldn't get carried away with what they say.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.