Kingfisher plc (LON:KGF) insider Karen Witts sold 12,652 shares of the company’s stock in a transaction that occurred on Tuesday, September 27th. The shares were sold at an average price of GBX 366 ($4.78), for a total value of £46,306.32 ($60,444.22).
Kingfisher plc (LON:KGF) opened at 373.50 on Friday. The stock’s market capitalization is GBX 8.48 billion. Kingfisher plc has a 52-week low of GBX 300.10 and a 52-week high of GBX 387.00. The firm has a 50-day moving average price of GBX 369.30 and a 200 day moving average price of GBX 357.42.
The business also recently declared a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 6th will be issued a GBX 3.25 ($0.04) dividend. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 0.88%.
Several analysts have commented on the company. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 430 ($5.61) price objective on shares of Kingfisher plc in a research note on Tuesday, September 20th. Haitong Bank reaffirmed a “sell” rating and set a GBX 260 ($3.39) price objective (down from GBX 270 ($3.52)) on shares of Kingfisher plc in a research note on Tuesday, September 20th. BNP Paribas downgraded Kingfisher plc to a “neutral” rating and set a GBX 410 ($5.35) price objective for the company. in a research note on Friday, September 9th. Barclays PLC reaffirmed an “underweight” rating and set a GBX 285 ($3.72) price objective on shares of Kingfisher plc in a research note on Thursday, August 25th. Finally, Goldman Sachs Group Inc. reissued a “neutral” rating and set a GBX 390 ($5.09) target price on shares of Kingfisher plc in a research note on Tuesday, September 6th. Ten research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. Kingfisher plc currently has a consensus rating of “Hold” and a consensus target price of GBX 342.26 ($4.47).
About Kingfisher plc
Kingfisher plc is engaged in the sale of home improvement products and services. The Company operates over 1,200 stores in 11 countries across Europe and China. The Company’s segments include UK & Ireland, France and Other International. The Other International segment consists of the operations in Poland, China, Germany, Portugal, Romania, Russia and Spain, and of its joint venture with Koc Group, Koctas, a Turkey-based home improvement retailer.
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