Kingfisher (KGFHY) Raised to Buy at ValuEngine
Kingfisher (OTCMKTS:KGFHY) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.
A number of other equities research analysts have also recently issued reports on KGFHY. Jefferies Group raised shares of Kingfisher from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd. Royal Bank Of Canada raised shares of Kingfisher from an “underperform” rating to a “sector perform” rating in a report on Friday, November 17th. Zacks Investment Research raised shares of Kingfisher from a “hold” rating to a “buy” rating and set a $9.50 price target on the stock in a report on Wednesday, November 8th. Finally, Goldman Sachs Group raised shares of Kingfisher from a “neutral” rating to a “buy” rating in a report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. Kingfisher currently has a consensus rating of “Hold” and an average price target of $9.50.
Kingfisher (KGFHY) opened at $9.04 on Friday. Kingfisher has a one year low of $7.58 and a one year high of $9.76.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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