Credit Suisse Group Reaffirms “Outperform” Rating for Kingfisher (KGF)

Credit Suisse Group reiterated their outperform rating on shares of Kingfisher (LON:KGF) in a research note issued to investors on Monday morning.

Several other equities analysts also recently commented on KGF. Jefferies Financial Group reiterated a buy rating and issued a GBX 400 ($5.21) target price on shares of Kingfisher in a research report on Tuesday, September 11th. UBS Group reiterated a sell rating on shares of Kingfisher in a research report on Friday. JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 275 ($3.58) target price (down from GBX 302 ($3.93)) on shares of Kingfisher in a research report on Friday, August 17th. Deutsche Bank dropped their target price on Kingfisher from GBX 315 ($4.10) to GBX 305 ($3.97) and set a hold rating for the company in a research report on Friday, August 17th. Finally, HSBC reiterated a buy rating on shares of Kingfisher in a research report on Monday, July 9th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 334.82 ($4.36).

Kingfisher stock opened at GBX 266.10 ($3.47) on Monday. Kingfisher has a 12 month low of GBX 285.30 ($3.72) and a 12 month high of GBX 369.80 ($4.82).

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.

Featured Story: What Factors Can Affect Return on Equity?

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 MarketBeat.com's FREE daily email newsletter.


Leave a Reply