Shares of Kingfisher plc (LON:KGF) have been given a consensus rating of “Hold” by the sixteen research firms that are covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 334.31 ($4.50).
A number of brokerages have issued reports on KGF. Barclays reaffirmed an “underweight” rating on shares of Kingfisher in a report on Monday, November 6th. J P Morgan Chase & Co reaffirmed an “underweight” rating and issued a GBX 288 ($3.88) target price on shares of Kingfisher in a report on Wednesday, November 22nd. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 325 ($4.37) target price on shares of Kingfisher in a report on Monday, November 6th. Credit Suisse Group began coverage on Kingfisher in a report on Monday, November 6th. They issued an “outperform” rating and a GBX 410 ($5.52) target price for the company. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 325 ($4.37) target price on shares of Kingfisher in a report on Thursday, September 21st.
In other Kingfisher news, insider Andrew Cosslett bought 99,802 shares of the firm’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was acquired at an average price of GBX 301 ($4.05) per share, with a total value of £300,404.02 ($404,312.27). Also, insider Veronique Laury sold 2,294 shares of the firm’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of GBX 303 ($4.08), for a total value of £6,950.82 ($9,355.07). Insiders have purchased 99,949 shares of company stock valued at $30,085,653 in the last ninety days.
Shares of Kingfisher (LON KGF) traded down GBX 0.60 ($0.01) on Friday, reaching GBX 332.30 ($4.47). The company’s stock had a trading volume of 9,187,898 shares, compared to its average volume of 11,250,000. Kingfisher has a fifty-two week low of GBX 269.60 ($3.63) and a fifty-two week high of GBX 369.80 ($4.98).
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Kingfisher Company Profile
Kingfisher plc is engaged in the supply of home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom and continental Europe. The Company’s segments include France, UK & Ireland, and Other International. The Other International segment consists of Poland, Spain, Portugal, Germany, Russia, Romania and the joint venture Koctas Yapi Marketleri Ticaret A.S.
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