Kingfisher’s “Hold” Rating Reaffirmed at Cantor Fitzgerald Europe (KGF)
Kingfisher (LON:KGF)‘s stock had its “hold” rating reaffirmed by research analysts at Cantor Fitzgerald Europe in a report released on Tuesday, Analyst RN reports. They currently have a GBX 400 ($6.59) price target on the stock. Cantor Fitzgerald Europe’s price objective suggests a potential upside of 3.90% from the company’s current price.
A number of other firms have also recently commented on KGF. Analysts at Barclays reiterated an “overweight” rating on shares of Kingfisher in a research note to investors on Friday. They now have a GBX 440 ($7.25) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Kingfisher in a research note to investors on Monday, January 6th. They now have a GBX 465 ($7.66) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Kingfisher in a research note to investors on Monday, December 16th. They now have a GBX 440 ($7.25) price target on the stock. Six analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 392.35 ($6.47).
Kingfisher (LON:KGF) opened at 386.20 on Tuesday. Kingfisher has a 52-week low of GBX 266.90 and a 52-week high of GBX 421.60. The stock’s 50-day moving average is GBX 378.9 and its 200-day moving average is GBX 383.3. The company’s market cap is £9.107 billion.
Kingfisher plc is a home improvement retailer. The Company, through its subsidiaries, joint ventures and associates supply home improvement products and services through a network of retail stores and other channels, located in the United Kingdom, continental Europe and China.
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