Kingfisher plc (NASDAQ:KGFHY) was upgraded by research analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

A number of other equities research analysts have also recently issued reports on KGFHY. Zacks Investment Research upgraded Kingfisher plc from a “sell” rating to a “hold” rating and set a $10.00 price objective on the stock in a research note on Thursday, May 11th. Barclays PLC reiterated an “underweight” rating on shares of Kingfisher plc in a research note on Thursday, March 30th. Finally, BNP Paribas cut Kingfisher plc from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 25th. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $10.00.

Analyst Recommendations for Kingfisher plc (NASDAQ:KGFHY)

Kingfisher plc (NASDAQ:KGFHY) opened at 9.73 on Wednesday. Kingfisher plc has a 52-week low of $7.82 and a 52-week high of $11.02. The company has a market cap of $10.87 billion and a price-to-earnings ratio of 14.02. The stock has a 50 day moving average of $8.69 and a 200-day moving average of $8.63.

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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.

5 Day Chart for NASDAQ:KGFHY

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