Kingfisher plc Rating Reiterated by Numis Securities Ltd (KGF)
Kingfisher plc (LON:KGF)‘s stock had its “hold” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 325 ($5.55) target price on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 6.70% from the company’s current price.
A number of other firms have also recently commented on KGF. Analysts at Deutsche Bank cut their price target on shares of Kingfisher plc from GBX 460 ($7.86) to GBX 430 ($7.35) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Cantor Fitzgerald Europe cut their price target on shares of Kingfisher plc from GBX 400 ($6.84) to GBX 350 ($5.98) in a research note on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Societe Generale cut their price target on shares of Kingfisher plc from GBX 353 ($6.03) to GBX 320 ($5.47) in a research note on Monday, July 21st. They now have a “hold” rating on the stock. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 409.83 ($7.00).
Shares of Kingfisher plc (LON:KGF) opened at 304.60 on Friday. Kingfisher plc has a 52 week low of GBX 304.60 and a 52 week high of GBX 512.00. The stock has a 50-day moving average of GBX 355.4 and a 200-day moving average of GBX 390.1. The company’s market cap is £7.207 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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