Kingfisher plc (KGF) Stock Rating Reaffirmed by Goldman Sachs Group, Inc. (The)

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).

Analyst Recommendations for Kingfisher plc (LON:KGF)

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.

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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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