Kingfisher plc (KGFHY) Lifted to Buy at ValuEngine

ValuEngine upgraded shares of Kingfisher plc (NASDAQ:KGFHY) from a hold rating to a buy rating in a research note published on Friday.

Separately, Zacks Investment Research cut shares of Kingfisher plc from a buy rating to a hold rating in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $9.00.

Kingfisher plc (NASDAQ KGFHY) opened at 8.26 on Friday. The company has a market capitalization of $9.15 billion and a PE ratio of 11.94. The company has a 50-day moving average of $8.11 and a 200-day moving average of $8.23. Kingfisher plc has a 52 week low of $7.58 and a 52 week high of $9.76.

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About Kingfisher plc

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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