Kingfisher plc (KGF) Earns “Underweight” Rating from Barclays PLC
Kingfisher plc (LON:KGF)‘s stock had its “underweight” rating reissued by investment analysts at Barclays PLC in a report issued on Monday.
Several other equities research analysts have also weighed in on the stock. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 350 ($4.45) target price on shares of Kingfisher plc in a report on Tuesday, June 20th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 288 ($3.66) target price on shares of Kingfisher plc in a report on Wednesday, June 14th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 440 ($5.60) target price on shares of Kingfisher plc in a report on Wednesday, June 7th. Jefferies Group LLC reaffirmed a “hold” rating and issued a GBX 325 ($4.13) target price on shares of Kingfisher plc in a report on Monday, June 5th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 325 ($4.13) target price on shares of Kingfisher plc in a report on Thursday, May 25th. Eight analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 326.29 ($4.15).
Kingfisher plc (LON:KGF) traded down 0.59% during midday trading on Monday, reaching GBX 301.00. 4,565,286 shares of the company were exchanged. Kingfisher plc has a one year low of GBX 269.60 and a one year high of GBX 390.60. The firm’s market cap is GBX 6.65 billion. The firm’s 50-day moving average is GBX 331.50 and its 200-day moving average is GBX 334.76.
Kingfisher plc Company Profile
Kingfisher plc is engaged in the supply of home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom and continental Europe. The Company’s segments include France, UK & Ireland, and Other International. The Other International segment consists of Poland, Spain, Portugal, Germany, Russia, Romania and the joint venture Koctas Yapi Marketleri Ticaret A.S.
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