Kingfisher plc (LON:KGF) has earned a consensus rating of “Hold” from the sixteen research firms that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 334.31 ($4.50).

KGF has been the topic of several recent analyst reports. Barclays reissued an “underweight” rating and issued a GBX 300 ($4.04) target price on shares of Kingfisher in a report on Friday, August 11th. Investec reissued a “sell” rating and issued a GBX 268 ($3.61) target price on shares of Kingfisher in a report on Thursday, August 17th. Beaufort Securities reissued a “hold” rating on shares of Kingfisher in a report on Friday, August 18th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 410 ($5.52) target price on shares of Kingfisher in a report on Friday, September 1st. Finally, J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 288 ($3.88) price objective on shares of Kingfisher in a report on Monday, September 4th.

Kingfisher (KGF) traded up GBX 4.46 ($0.06) during trading hours on Friday, reaching GBX 336.20 ($4.52). The company had a trading volume of 8,101,726 shares, compared to its average volume of 11,240,000. Kingfisher has a 52-week low of GBX 269.60 ($3.63) and a 52-week high of GBX 369.80 ($4.98).

The firm also recently announced a dividend, which was paid on Friday, November 10th. Stockholders of record on Thursday, October 5th were paid a dividend of GBX 3.33 ($0.04) per share. The ex-dividend date was Thursday, October 5th. This represents a dividend yield of 1.12%.

In other Kingfisher news, insider Andrew Cosslett bought 99,802 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was acquired at an average price of GBX 301 ($4.05) per share, for a total transaction of £300,404.02 ($404,312.27). Also, insider Veronique Laury sold 2,294 shares of the stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of GBX 303 ($4.08), for a total transaction of £6,950.82 ($9,355.07). Insiders have bought 99,949 shares of company stock valued at $30,085,653 in the last quarter.

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About Kingfisher

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.

Analyst Recommendations for Kingfisher (LON:KGF)

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