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Rating: GKNLY

GKN plc (ADR) (OTCBB: GKNLY) upgraded to Buy by Goldman

Thursday,  Dec 17, 2015  10:25 AM ET by Kristen Bailey

GKN plc (ADR)
(OTCBB: GKNLY) upgraded to Buy by Goldman.

GKN plc (GKN) is a global engineering business company serving the automotive, aerospace and off-highway manufacturers. The Company operates in four primary areas: Automotive, Powder Metallurgy, Aerospace and OffHighway. GKN is a primary supplier of automotive driveline components and systems. The Company is a manufacturer of sintered components and a producer of metal powder in North America. GKN is engaged in the design and manufacture of advanced composites, transparencies and metal aerostructures. GKN designs and manufactures a portfolio of products for off-highway vehicles positions in the supply of power takeoff shafts and wheels. On January 5, 2009, the Company acquired the trade and assets of the wing component manufacturing and assembly operation of Airbus UK, which is located on the Airbus Filton site.


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