GKN PLC (LON:GKN) Investors: Numis Reiterates Hold Rating, Sees GBX 450.00/Share; Guardian Capital LP Has Increased Encana (ECA) Holding By $22.85 Million

Guardian Capital Lp increased Encana Corp (ECA) stake by 39.74% reported in 2017Q3 SEC filing. Guardian Capital Lp acquired 2.08 million shares as Encana Corp (ECA)’s stock declined 8.34%. The Guardian Capital Lp holds 7.30 million shares with $85.75M value, up from 5.23 million last quarter. Encana Corp now has $10.27B valuation. The stock decreased 2.12% or $0.23 during the last trading session, reaching $10.63. About 8.53 million shares traded or 8.92% up from the average. Encana Corporation (NYSE:ECA) has risen 50.13% since February 14, 2017 and is uptrending. It has outperformed by 33.43% the S&P500.

Professional analysts at Numis have GBX 450.00 PT on GKN PLC (LON:GKN). Numis’s PT would suggest a potential upside of 12.58% from the company’s last stock price. The rating was disclosed in analysts report on 14 February.

GKN plc engages in engineering business worldwide. The company has market cap of 6.86 billion GBP. The company??s Aerospace division makes airframe structures, including wing/empennage and flight control surface assemblies, fuselage structures, and landing gears; engine structures, such as fixed and rotating propulsion products, fan cases, exhaust systems, nacelles, and other components; electrical wiring interconnection systems; cockpit and cabin windows; and ice protection, fuel systems, and floatation devices. It has a 13.75 P/E ratio. The Company’s Driveline division offers constant velocity jointed systems, such as CV joints and sideshafts; all-wheel drive systems comprising propshafts, couplings, power transfer units, rear drive modules, and differentials and torque management technologies; trans-axle solutions, such as open, limited slip, and locking differentials and electronic torque vectoring products; eDrive systems, such as electric rear axles, transmissions, and motors; replacement parts; and motorsport products.

Among 25 analysts covering GKN PLC (LON:GKN), 15 have Buy rating, 2 Sell and 8 Hold. Therefore 60% are positive. GKN PLC has GBX 780 highest and GBX 225 lowest target. GBX 401.25’s average target is 0.31% above currents GBX 400 stock price. GKN PLC had 227 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Wednesday, April 20. The firm earned “Hold” rating on Friday, January 15 by Investec. Deutsche Bank maintained it with “Buy” rating and GBX 395 target in Monday, December 4 report. As per Friday, August 19, the company rating was maintained by Goldman Sachs. The stock of GKN plc (LON:GKN) has “Buy” rating given on Monday, January 25 by Haitong Securities. The firm has “Hold” rating given on Tuesday, October 25 by Liberum Capital. The firm has “Hold” rating by Societe Generale given on Tuesday, July 28. The firm earned “Outperform” rating on Tuesday, December 15 by RBC Capital Markets. As per Wednesday, August 12, the company rating was maintained by Liberum Capital. The company was downgraded on Monday, October 16 by Societe Generale.

The stock increased 0.50% or GBX 2 during the last trading session, reaching GBX 400. About 2.32M shares traded. GKN plc (LON:GKN) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.