Kingfisher PLC (KGFHY) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Kingfisher PLC (OTCMKTS:KGFHY) have received a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $9.50.
KGFHY has been the topic of a number of recent research reports. Zacks Investment Research raised shares of Kingfisher PLC from a “hold” rating to a “buy” rating and set a $9.00 price target on the stock in a research report on Tuesday, August 8th. Jefferies Group LLC raised shares of Kingfisher PLC from a “hold” rating to a “buy” rating in a research report on Wednesday. Goldman Sachs Group, Inc. (The) raised shares of Kingfisher PLC from a “neutral” rating to a “buy” rating in a research report on Monday, October 30th. ValuEngine raised shares of Kingfisher PLC from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Finally, Royal Bank Of Canada upgraded shares of Kingfisher PLC from an “underperform” rating to a “sector perform” rating in a research note on Friday, November 17th.
Kingfisher PLC (OTCMKTS KGFHY) opened at $8.72 on Friday. Kingfisher PLC has a 1 year low of $7.58 and a 1 year high of $9.76.
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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