Kingfisher plc (LON:KGF) had its target price boosted by Investec from GBX 265 ($3.31) to GBX 275 ($3.44) in a research report sent to investors on Tuesday morning. The brokerage currently has a sell rating on the home improvement retailer’s stock.

Other analysts have also issued research reports about the stock. Haitong Bank reaffirmed a sell rating and set a GBX 275 ($3.44) target price on shares of Kingfisher plc in a report on Tuesday. Liberum Capital reissued a sell rating and issued a GBX 275 ($3.44) price target on shares of Kingfisher plc in a report on Thursday, August 18th. Jefferies Group reissued a hold rating and issued a GBX 340 ($4.25) price target on shares of Kingfisher plc in a report on Monday, September 12th. HSBC reissued a hold rating and issued a GBX 380 ($4.75) price target on shares of Kingfisher plc in a report on Thursday, November 17th. Finally, Societe Generale raised shares of Kingfisher plc to a hold rating and decreased their price target for the company from GBX 359 ($4.49) to GBX 351 ($4.39) in a report on Friday, August 5th. Ten equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. Kingfisher plc has an average rating of Hold and an average target price of GBX 343.84 ($4.30).

Analyst Recommendations for Kingfisher plc (LON:KGF)

Kingfisher plc (LON:KGF) opened at 359.20 on Tuesday. Kingfisher plc has a 52-week low of GBX 300.10 and a 52-week high of GBX 390.60. The firm’s market capitalization is GBX 8.16 billion. The firm’s 50-day moving average is GBX 364.82 and its 200 day moving average is GBX 357.19.

The company also recently declared a dividend, which was paid on Friday, November 11th. Stockholders of record on Thursday, October 6th were issued a dividend of GBX 3.25 ($0.04) per share. This represents a dividend yield of 0.88%. The ex-dividend date was Thursday, October 6th.

In related news, insider Karen Witts sold 12,652 shares of the stock in a transaction that occurred on Tuesday, September 27th. The shares were sold at an average price of GBX 366 ($4.57), for a total value of £46,306.32 ($57,853.97).

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Kingfisher plc Company Profile

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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