The chief executive of automotive at Redditch engineering group GKN has announced he will step down after 13 years at the company. Andrew Reynolds Smith joined GKN in 2002 and has held a number of senior positions across the group's automotive division. He was appointed to the board in June 2007 and became chief executive of the business in October 2011. He will leave the company on 25 September 2015 to take up the role of chief executive at listed engineering group Smiths. Nigel Stein, chief executive of GKN, said: "Andy has played an important part in the success of GKN's automotive businesses and made a strong contribution to the group. We wish him well in his new role at Smiths Group." The search for Smith's successor is underway with an appointment expected to be made ahead of his departure.
27 Mar '15
RE: GKN Present Broker Views...
Looks interesting. Companies like re easily over looked a real stalworth of a company imo.
6 Mar '15
GKN Present Broker Views...
GKN present Broker Views..... GKN broker views Date Broker Recommendation Price Old target price New target price Notes 27 Feb Berenberg Buy 361.30 410.00 400.00 Reiterates 25 Feb Societe Generale Hold 361.30 400.00 400.00 Downgrades 25 Feb Credit Suisse Outperform 361.30 410.00 410.00 Reiterates 25 Feb Exane BNP Paribas Outperform 361.30 380.00 380.00 Reiterates 25 Feb JP Morgan Cazenove Overweight 361.30 394.00 426.00 Reiterates
4 Mar '15
My sort of level
Happy to buy GKN at these levels now the froth has come off.
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