Kingfisher plc (KGFHY) Receives $11.00 Average Target Price from Analysts
Shares of Kingfisher plc (NASDAQ:KGFHY) have earned a consensus recommendation of “Hold” from the eight brokerages that are covering the firm. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $11.00.
A number of analysts recently issued reports on the company. BNP Paribas downgraded Kingfisher plc from an “outperform” rating to a “neutral” rating in a research report on Friday, September 9th. Zacks Investment Research raised Kingfisher plc from a “sell” rating to a “buy” rating and set a $11.00 price target on the stock in a research report on Wednesday, October 5th. Beaufort Securities reissued a “hold” rating on shares of Kingfisher plc in a research report on Sunday, August 21st. RBC Capital Markets reissued an “underperform” rating on shares of Kingfisher plc in a research report on Monday, August 1st. Finally, Jefferies Group downgraded Kingfisher plc from a “buy” rating to a “hold” rating in a research report on Tuesday, July 5th.
Kingfisher plc (NASDAQ:KGFHY) opened at 9.16 on Monday. The firm has a market capitalization of $10.40 billion and a PE ratio of 19.83. The stock has a 50 day moving average price of $9.72 and a 200-day moving average price of $9.85. Kingfisher plc has a one year low of $7.82 and a one year high of $11.36.
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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