Brokerages Set Kingfisher plc (KGF) Target Price at $335.85

Kingfisher plc (LON:KGF) has earned an average rating of “Hold” from the sixteen ratings firms that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 335.85 ($4.49).

Several brokerages have recently weighed in on KGF. Deutsche Bank raised their target price on Kingfisher from GBX 325 ($4.35) to GBX 345 ($4.61) and gave the stock a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 288 ($3.85) target price on shares of Kingfisher in a research report on Friday, December 15th. Barclays reissued an “underweight” rating on shares of Kingfisher in a research report on Monday, November 6th. Credit Suisse Group began coverage on Kingfisher in a research report on Monday, November 6th. They set an “outperform” rating and a GBX 410 ($5.48) target price on the stock. Finally, Numis Securities reissued a “hold” rating and set a GBX 325 ($4.35) target price on shares of Kingfisher in a research report on Thursday, September 21st.

In other Kingfisher news, insider Veronique Laury sold 2,294 shares of Kingfisher stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of GBX 303 ($4.05), for a total value of £6,950.82 ($9,293.78). Insiders acquired a total of 140 shares of company stock worth $45,066 over the last quarter.

Shares of Kingfisher (LON:KGF) traded down GBX 1.90 ($0.03) during midday trading on Tuesday, hitting GBX 339.60 ($4.54). The stock had a trading volume of 6,733,697 shares, compared to its average volume of 7,640,000. Kingfisher has a 1-year low of GBX 285.30 ($3.81) and a 1-year high of GBX 369.80 ($4.94). The firm has a market cap of $7,360.00 and a price-to-earnings ratio of 1,306.15.

TRADEMARK VIOLATION NOTICE: “Brokerages Set Kingfisher plc (KGF) Target Price at $335.85” was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be accessed at

About Kingfisher

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.

Analyst Recommendations for Kingfisher (LON:KGF)

Receive News & Ratings for Kingfisher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher and related companies with's FREE daily email newsletter.

Leave a Reply