Beaufort Securities Reiterates “Hold” Rating for Kingfisher plc (KGF)
Kingfisher plc (LON:KGF)‘s stock had its “hold” rating reiterated by equities researchers at Beaufort Securities in a report issued on Friday.
A number of other equities analysts have also recently issued reports on KGF. Barclays PLC reiterated an “underweight” rating and issued a GBX 300 ($3.89) target price on shares of Kingfisher plc in a report on Friday, August 11th. Investec reiterated a “sell” rating and issued a GBX 268 ($3.48) target price on shares of Kingfisher plc in a report on Thursday. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 440 ($5.71) target price on shares of Kingfisher plc in a report on Wednesday, June 7th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 325 ($4.22) target price on shares of Kingfisher plc in a report on Thursday, May 25th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a GBX 325 ($4.22) target price on shares of Kingfisher plc in a report on Tuesday, May 9th. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 333.87 ($4.33).
Shares of Kingfisher plc (LON:KGF) traded down 0.58% on Friday, reaching GBX 293.10. 7,264,720 shares of the company’s stock were exchanged. Kingfisher plc has a 52-week low of GBX 269.60 and a 52-week high of GBX 390.60. The stock’s market cap is GBX 6.55 billion. The company’s 50 day moving average price is GBX 302.58 and its 200-day moving average price is GBX 322.57.
In other Kingfisher plc news, insider Karen Witts sold 36,780 shares of Kingfisher plc stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of GBX 304 ($3.95), for a total transaction of £111,811.20 ($145,152.80). In the last three months, insiders purchased 149 shares of company stock valued at $44,894.
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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