Kingfisher plc’s Buy Rating Reaffirmed at Jefferies Group (KGF)
Kingfisher plc (LON:KGF)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Tuesday. They currently have a GBX 385 ($6.37) price objective on the stock. Jefferies Group’s price target would indicate a potential upside of 26.40% from the company’s current price.
A number of other analysts have also recently weighed in on KGF. Analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of Kingfisher plc in a research note on Wednesday, August 20th. They now have a GBX 280 ($4.63) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Kingfisher plc in a research note on Friday, August 15th. They now have a GBX 400 ($6.62) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Kingfisher plc in a research note on Tuesday, August 12th. They now have a GBX 500 ($8.27) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Kingfisher plc presently has an average rating of “Hold” and a consensus price target of GBX 384.72 ($6.37).
Kingfisher plc (LON:KGF) opened at 307.00 on Tuesday. Kingfisher plc has a one year low of GBX 293.70 and a one year high of GBX 512.00. The stock has a 50-day moving average of GBX 315.3 and a 200-day moving average of GBX 378.9. The company’s market cap is £7.263 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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