Kingfisher plc Earns “Outperform” Rating from Sanford C. Bernstein (KGF)
Kingfisher plc (LON:KGF)‘s stock had its “outperform” rating restated by Sanford C. Bernstein in a research note issued on Thursday. They currently have a GBX 400 ($6.64) price objective on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 30.29% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Kingfisher plc in a research note on Wednesday. They now have a GBX 430 ($7.14) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Kingfisher plc in a research note on Tuesday, August 26th. They now have a GBX 385 ($6.39) price target on the stock. Finally, 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 ($4.65) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. Kingfisher plc currently has an average rating of “Hold” and an average target price of GBX 384.72 ($6.38).
Kingfisher plc (LON:KGF) opened at 306.30 on Thursday. Kingfisher plc has a 1-year low of GBX 293.70 and a 1-year high of GBX 512.00. The stock’s 50-day moving average is GBX 309.2 and its 200-day moving average is GBX 375.6. The company’s market cap is £7.247 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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