Andrew Cosslett Buys 99,802 Shares of Kingfisher plc (KGF) Stock
Kingfisher plc (LON:KGF) insider Andrew Cosslett acquired 99,802 shares of the stock in a transaction dated Tuesday, October 3rd. The stock was acquired at an average cost of GBX 301 ($3.99) per share, with a total value of £300,404.02 ($398,466.67).
Kingfisher plc (LON KGF) opened at 301.90 on Wednesday. The stock has a 50 day moving average of GBX 296.35 and a 200 day moving average of GBX 314.06. Kingfisher plc has a one year low of GBX 269.60 and a one year high of GBX 386.70. The firm’s market cap is GBX 6.69 billion.
The company also recently announced a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, October 5th will be given a GBX 3.33 ($0.04) dividend. The ex-dividend date is Thursday, October 5th. This represents a dividend yield of 1.12%.
KGF has been the topic of several recent research reports. HSBC Holdings plc cut their target price on shares of Kingfisher plc from GBX 440 ($5.84) to GBX 380 ($5.04) and set a “buy” rating on the stock in a research note on Wednesday, September 27th. Jefferies Group LLC reissued a “hold” rating and issued a GBX 310 ($4.11) price target on shares of Kingfisher plc in a research report on Tuesday, September 26th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 325 ($4.31) price target on shares of Kingfisher plc in a research report on Thursday, September 21st. Beaufort Securities restated a “hold” rating on shares of Kingfisher plc in a research note on Thursday, September 21st. Finally, J P Morgan Chase & Co restated an “underweight” rating and issued a GBX 288 ($3.82) price target on shares of Kingfisher plc in a research note on Thursday, September 21st. Seven equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 321.86 ($4.27).
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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