Kingfisher plc (LON:KGF) has been assigned a consensus rating of “Buy” from the eight research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 319.50 ($4.17).
KGF has been the topic of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 440 ($5.75) price target on shares of Kingfisher in a report on Friday, May 21st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised Kingfisher to a “neutral” rating and set a GBX 350 ($4.57) price target on the stock in a report on Thursday, April 15th.
In other Kingfisher news, insider Andrew Cosslett acquired 97,690 shares of the stock in a transaction dated Friday, June 4th. The shares were acquired at an average cost of GBX 346 ($4.52) per share, for a total transaction of £338,007.40 ($441,608.83).
The company also recently announced a dividend, which will be paid on Monday, July 5th. Investors of record on Thursday, June 3rd will be issued a GBX 2.75 ($0.04) dividend. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, June 3rd.
Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing, and IT services. It operates approximately 1,380 stores in eight countries across Europe under the B&Q, Castorama, Brico DÃ©pÃ´t, Screwfix, TradePoint, and Koctas brands.
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