GKN plc (LON:GKN)‘s stock had its “buy” rating restated by investment analysts at Beaufort Securities in a research note issued to investors on Friday, MarketBeat.com reports.
In other news, insider Sclater,Jos bought 7,792 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were acquired at an average price of GBX 255 ($3.94) per share, for a total transaction of £19,869.60 ($30,672.43). Also, insider Reynolds… Read More
Fundies look very strong forward P/E to 2016 is a miserly 10.7, whereas historic P/E norm is around the mid 20s. Stock adverslry affected by the VW fiddling news aswel. Looks far to cheap and oversold to me, plenty of upside here imo.
2015 2016 Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Panmure Gordon 22-10-15 BUY 615.00 28.80 8.72 696.00 31.90 9.65 SG Securities 22-10-15 HOLD 25.18 8.90 26.02 9.44 Exane BNP… Read More
Exactly and totally agree with you. Yet another example of irrational or perhaps intentional manipulation of a share price. This kind of thing happens all the time in various sectors, associating a link with a company making news headlines for the wrong reasons.
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