Kingfisher plc (LON:KGF)’s share price was down 1.1% on Monday . The stock traded as low as GBX 303.01 ($4.03) and last traded at GBX 306 ($4.07). Approximately 9,418,344 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 9,747,540 shares. The stock had previously closed at GBX 309.30 ($4.11).

Several equities analysts have weighed in on KGF shares. Barclays PLC reiterated an “underweight” rating and issued a GBX 300 ($3.99) target price on shares of Kingfisher plc in a report on Friday, August 11th. J P Morgan Chase & Co reiterated an “underweight” rating and issued a GBX 288 ($3.83) target price on shares of Kingfisher plc in a report on Monday, September 4th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 440 ($5.85) target price on shares of Kingfisher plc in a report on Friday, June 30th. Deutsche Bank AG decreased their target price on shares of Kingfisher plc from GBX 355 ($4.72) to GBX 325 ($4.32) and set a “hold” rating on the stock in a report on Friday, September 8th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a GBX 310 ($4.12) target price on shares of Kingfisher plc in a report on Tuesday, September 5th. Seven research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 321.86 ($4.28).

The firm has a 50 day moving average of GBX 298.31 and a 200 day moving average of GBX 312.64. The firm’s market cap is GBX 6.78 billion.

The firm also recently declared a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 5th will be given a dividend of GBX 3.33 ($0.04) per share. The ex-dividend date is Thursday, October 5th. This represents a yield of 1.12%.

In other Kingfisher plc news, insider Andrew Cosslett purchased 99,802 shares of Kingfisher plc stock in a transaction on Tuesday, October 3rd. The shares were purchased at an average cost of GBX 301 ($4.00) per share, with a total value of £300,404.02 ($399,154.96). Over the last ninety days, insiders have acquired 99,903 shares of company stock worth $30,070,476.

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About Kingfisher plc

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.

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