Kingfisher plc (KGF) Stock Rating Reaffirmed by Barclays PLC

Kingfisher plc (LON:KGF)‘s stock had its “underweight” rating reissued by equities research analysts at Barclays PLC in a report issued on Monday.

KGF has been the subject of several other reports. J P Morgan Chase & Co increased their price target on shares of Kingfisher plc from GBX 280 ($3.57) to GBX 288 ($3.67) and gave the stock an “underweight” rating in a research note on Tuesday, March 14th. Royal Bank Of Canada reissued an “underperform” rating and set a GBX 330 ($4.20) price objective on shares of Kingfisher plc in a research report on Wednesday, March 22nd. HSBC Holdings plc reissued a “hold” rating and set a GBX 380 ($4.84) price objective on shares of Kingfisher plc in a research report on Wednesday, March 22nd. Numis Securities Ltd raised shares of Kingfisher plc to a “hold” rating and set a GBX 325 ($4.14) price objective on the stock in a research report on Thursday, March 23rd. Finally, Jefferies Group LLC reissued a “hold” rating and set a GBX 325 ($4.14) price objective on shares of Kingfisher plc in a research report on Tuesday, March 14th. Eight investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Kingfisher plc 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 (LON KGF) opened at 302.80 on Monday. The company’s 50-day moving average is GBX 331.50 and its 200 day moving average is GBX 334.76. Kingfisher plc has a 12-month low of GBX 269.60 and a 12-month high of GBX 390.60. The stock’s market capitalization is GBX 6.76 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:KGF”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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