Insider Buying: Kingfisher plc (KGF) Insider Buys 56 Shares of Stock

Kingfisher plc (LON:KGF) insider Karen Witts bought 56 shares of Kingfisher stock in a transaction on Monday, September 17th. The shares were purchased at an average cost of GBX 263 ($3.43) per share, for a total transaction of £147.28 ($191.85).

Karen Witts also recently made the following trade(s):

  • On Wednesday, August 15th, Karen Witts bought 53 shares of Kingfisher stock. The shares were purchased at an average cost of GBX 287 ($3.74) per share, for a total transaction of £152.11 ($198.14).
  • On Monday, July 16th, Karen Witts purchased 49 shares of Kingfisher stock. The stock was bought at an average cost of GBX 307 ($4.00) per share, for a total transaction of £150.43 ($195.95).

KGF traded up GBX 3.60 ($0.05) during trading hours on Monday, hitting GBX 266 ($3.46). 6,641,043 shares of the company’s stock were exchanged, compared to its average volume of 9,940,000. Kingfisher plc has a 12-month low of GBX 285.30 ($3.72) and a 12-month high of GBX 369.80 ($4.82).

A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating and issued a GBX 400 ($5.21) price target on shares of Kingfisher in a research note on Tuesday, September 11th. Credit Suisse Group reissued an “outperform” rating on shares of Kingfisher in a research note on Monday. UBS Group reissued a “sell” rating on shares of Kingfisher in a research note on Friday. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 275 ($3.58) price target (down from GBX 302 ($3.93)) on shares of Kingfisher in a research note on Friday, August 17th. Finally, Deutsche Bank reduced their price target on shares of Kingfisher from GBX 315 ($4.10) to GBX 305 ($3.97) and set a “hold” rating on the stock in a research note on Friday, August 17th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 334.82 ($4.36).

About Kingfisher

Kingfisher plc, together with its subsidiaries, supplies DIY and home improvement products and services primarily in the United Kingdom and continental Europe. The company operates approximately 1,300 stores in 10 countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, and Koctas brands.

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Insider Buying and Selling by Quarter for Kingfisher (LON:KGF)

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