Kingfisher plc (LON:KGF)‘s stock had its “underweight” rating reissued by analysts at Barclays PLC in a note issued to investors on Monday.
A number of other brokerages also recently issued reports on KGF. Beaufort Securities reaffirmed a “hold” rating on shares of Kingfisher plc in a research report on Thursday, September 21st. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 325 ($4.29) price objective on shares of Kingfisher plc in a research report on Thursday, September 21st. J P Morgan Chase & Co reaffirmed an “underweight” rating and issued a GBX 288 ($3.80) price objective on shares of Kingfisher plc in a research report on Thursday, September 21st. Goldman Sachs Group, Inc. (The) upped their price objective on shares of Kingfisher plc from GBX 325 ($4.29) to GBX 330 ($4.35) and gave the stock a “neutral” rating in a research report on Thursday, September 21st. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a GBX 310 ($4.09) price objective on shares of Kingfisher plc in a research report on Thursday. Seven analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. Kingfisher plc has an average rating of “Hold” and an average target price of GBX 325.07 ($4.29).
Shares of Kingfisher plc (KGF) opened at GBX 317.10 ($4.18) on Monday. Kingfisher plc has a 52-week low of GBX 269.60 ($3.56) and a 52-week high of GBX 371.20 ($4.90).
In other Kingfisher plc news, insider Veronique Laury sold 2,294 shares of the stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of GBX 303 ($4.00), for a total value of £6,950.82 ($9,172.37). Also, insider Andrew Cosslett bought 99,802 shares of the stock in a transaction on Tuesday, October 3rd. The stock was purchased at an average price of GBX 301 ($3.97) per share, for a total transaction of £300,404.02 ($396,415.97). Insiders acquired a total of 99,952 shares of company stock worth $30,085,421 over the last quarter.
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.
What are top analysts saying about Kingfisher plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Kingfisher plc and related companies.