GKN PLC (LON:GKN) Stock “Overweight” Rating Maintained at JP Morgan Cazenove; The PT Given is GBX 378.00; Wendys Co (WEN) Sentiment Is 1.04

December 7, 2017 - By Michael Collier

They currently have a GBX 378.00 target on GKN PLC (LON:GKN). JP Morgan Cazenove’s target would suggest a potential upside of 27.25% from the company’s current price. This was revealed in a research note on Thursday morning.

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant firm in the hamburger sandwich segment worldwide. The company has market cap of $3.65 billion. It is involved in operating, developing, and franchising a system of quick-service restaurants. It has a 58.41 P/E ratio. The companyÂ’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kidsÂ’ meals.

GKN plc engages in engineering business worldwide. The company has market cap of 5.09 billion GBP. The companyÂ’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 10.18 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.

The stock decreased 0.74% or GBX 2.2 during the last trading session, reaching GBX 296.1. About 1.52 million shares traded. GKN plc (LON:GKN) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 25 analysts covering GKN PLC (LON:GKN), 16 have Buy rating, 2 Sell and 7 Hold. Therefore 64% are positive. GKN PLC has GBX 780 highest and GBX 225 lowest target. GBX 378.42’s average target is 27.80% above currents GBX 296.1 stock price. GKN PLC had 216 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Numis Securities with “Add” on Friday, August 7. The rating was maintained by UBS with “Buy” on Monday, August 22. The firm earned “Buy” rating on Friday, February 12 by Numis Securities. The firm earned “Overweight” rating on Wednesday, July 27 by Barclays Capital. As per Friday, November 3, the company rating was maintained by Peel Hunt. The company was maintained on Friday, September 15 by JP Morgan. The stock of GKN plc (LON:GKN) has “Overweight” rating given on Monday, October 19 by Barclays Capital. On Tuesday, January 24 the stock rating was maintained by Peel Hunt with “Buy”. Liberum Capital maintained it with “Sell” rating and GBX 300 target in Wednesday, January 25 report. JP Morgan maintained the stock with “Overweight” rating in Monday, January 11 report.

Analysts await The Wendy's Company (NASDAQ:WEN) to report earnings on February, 15. They expect $0.12 earnings per share, up 50.00% or $0.04 from last year’s $0.08 per share. WEN’s profit will be $29.06 million for 31.40 P/E if the $0.12 EPS becomes a reality. After $0.09 actual earnings per share reported by The Wendy's Company for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

The stock decreased 1.95% or $0.3 during the last trading session, reaching $15.07. About 2.81 million shares traded. The Wendy's Company (WEN) has risen 56.90% since December 7, 2016 and is uptrending. It has outperformed by 40.20% the S&P500.

Managed Asset Portfolios Llc holds 7.76% of its portfolio in The Wendy's Company for 1.52 million shares. Trian Fund Management L.P. owns 39.04 million shares or 4.56% of their US portfolio. Moreover, Horizon Kinetics Llc has 3.74% invested in the company for 7.37 million shares. The New York-based Tiger Eye Capital Llc has invested 2.31% in the stock. Eminence Capital Lp, a New York-based fund reported 7.62 million shares.

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By1 Michael Collier

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