Credit Suisse Group AG reaffirmed their outperform rating on shares of Kingfisher plc (LON:KGF) in a research report released on Friday. They currently have a GBX 430 ($5.61) target price on the home improvement retailer’s stock.
Several other brokerages have also recently commented on KGF. Haitong Bank reaffirmed a sell rating and set a GBX 260 ($3.39) target price (down from GBX 270 ($3.52)) on shares of Kingfisher plc in a report on Tuesday, September 20th. BNP Paribas cut shares of Kingfisher plc to a neutral rating and set a GBX 410 ($5.35) target price on the stock. in a report on Friday, September 9th. Barclays PLC reaffirmed an underweight rating and set a GBX 285 ($3.72) target price on shares of Kingfisher plc in a report on Thursday, August 25th. Goldman Sachs Group Inc. reaffirmed a neutral rating and set a GBX 390 ($5.09) target price on shares of Kingfisher plc in a report on Tuesday, September 6th. Finally, JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 280 ($3.65) target price on shares of Kingfisher plc in a report on Thursday, September 1st. Ten analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 342.26 ($4.47).
Kingfisher plc (LON:KGF) traded down 0.27% on Friday, reaching GBX 370.00. 8,149,148 shares of the company traded hands. Kingfisher plc has a 52-week low of GBX 300.10 and a 52-week high of GBX 390.60. The company’s market capitalization is GBX 8.40 billion. The stock has a 50-day moving average of GBX 372.25 and a 200 day moving average of GBX 358.43.
The firm also recently announced a dividend, which will be paid on Friday, November 11th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 3.25 ($0.04) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, October 6th.
In related news, insider Karen Witts sold 12,652 shares of the business’s stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of GBX 366 ($4.78), for a total transaction of £46,306.32 ($60,444.22).
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.
Receive News & Ratings for Kingfisher plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher plc and related companies with MarketBeat.com's FREE daily email newsletter.