Kingfisher plc (LON:KGF)‘s stock had its “neutral” rating reissued by equities research analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Tuesday. They currently have a GBX 350 ($4.46) price target on the home improvement retailer’s stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential upside of 16.47% from the company’s previous close.
A number of other research analysts also recently commented on the company. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 430 ($5.48) target price on shares of Kingfisher plc in a report on Wednesday, April 19th. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 288 ($3.67) target price on shares of Kingfisher plc in a report on Monday, May 15th. HSBC Holdings plc reaffirmed a “hold” rating and set a GBX 380 ($4.84) target price on shares of Kingfisher plc in a report on Wednesday, March 22nd. Haitong Bank reiterated a “sell” rating and set a GBX 275 ($3.50) price target on shares of Kingfisher plc in a research report on Wednesday, March 22nd. Finally, Numis Securities Ltd upgraded Kingfisher plc to a “hold” rating and set a GBX 325 ($4.14) price target on the stock in a research report on Thursday, March 23rd. Eight investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 326.29 ($4.16).
Kingfisher plc (KGF) opened at 300.70 on Tuesday. Kingfisher plc has a 12-month low of GBX 269.60 and a 12-month high of GBX 390.60. The stock has a 50 day moving average price of GBX 331.50 and a 200-day moving average price of GBX 334.76. The firm’s market cap is GBX 6.72 billion.
Kingfisher plc 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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