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Kingfisher plc (NASDAQ:KGFHY) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday, AR Network reports.

Shares of Kingfisher plc (NASDAQ:KGFHY) traded up 0.08% during mid-day trading on Thursday, hitting $12.67. 38,227 shares of the company’s stock traded hands. Kingfisher plc has a one year low of $8.30 and a one year high of $13.25. The stock has a 50-day moving average of $12.5 and a 200-day moving average of $12.34. The company has a market cap of $14.938 billion and a P/E ratio of 12.53.

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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