Kingfisher plc (KGFHY) Given Average Rating of “Hold” by Analysts
Kingfisher plc (OTCMKTS:KGFHY) has earned a consensus rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company.
A number of brokerages recently issued reports on KGFHY. Zacks Investment Research lowered Kingfisher from a “buy” rating to a “hold” rating in a research note on Thursday. Goldman Sachs Group raised Kingfisher from a “neutral” rating to a “buy” rating in a research note on Monday, October 30th. Jefferies Group raised Kingfisher from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd. Royal Bank of Canada raised Kingfisher from an “underperform” rating to a “sector perform” rating in a research note on Friday, November 17th. Finally, ValuEngine raised Kingfisher from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.
Shares of Kingfisher (KGFHY) opened at $9.71 on Friday. Kingfisher has a one year low of $7.58 and a one year high of $9.76.
Kingfisher 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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