You are here: Home - Investing - Experienced Investor - News -

Share Centre share of the week: GKN

0
Written by:
15/07/2014
Sheridan Admans, investment research analyst at The Share Centre, picks GKN as share of the week.

“We believe global engineering group GKN is well-managed and has a firm eye on cash flow and return on capital employed. It currently trades on a forward P/E of around 14 times and is in a sector that we believe is exhibiting good value at present, both on a national and international basis. The company believes that it is set for another year of continued progress and we recommend it as a ‘buy’ for medium risk investors looking for a balanced opportunity.
 
“The company is regarded as having a good mix of business and geographical spread. Sales and profits have been supported by global light vehicle production with noticeable demand from Japan, China, North America and Europe. Demand for commercial aerospace remained robust in Q1.
 
“The Aerospace part of the business, which is regarded as having higher, more reliable earnings now accounts for around 40% of group profits. In addition, GKN is likely to benefit from the increased production at Airbus and Boeing for some time, and continues to do well from light vehicle production, as global demand is expected to rise this year.”

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
BLOG: Do investors need to panic about a Portuguese bank?

Do investors need to be concerned about the activities of an obscure Portuguese bank? After all, most people probably didn’t...

Close