Kingfisher PLC (KGFHY) Stock Rating Upgraded by Jefferies Group LLC
Kingfisher PLC (OTCMKTS:KGFHY) was upgraded by investment analysts at Jefferies Group LLC from a “hold” rating to a “buy” rating in a report issued on Wednesday. Jefferies Group also issued estimates for Kingfisher PLC’s FY2018 earnings at $0.70 EPS, FY2019 earnings at $0.74 EPS, FY2020 earnings at $0.84 EPS and FY2021 earnings at $0.95 EPS.
KGFHY has been the subject of a number of other reports. Zacks Investment Research raised Kingfisher PLC from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a report on Tuesday, August 8th. ValuEngine cut Kingfisher PLC from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Goldman Sachs Group, Inc. (The) raised Kingfisher PLC from a “neutral” rating to a “buy” rating in a report on Monday, October 30th. Finally, Royal Bank Of Canada raised Kingfisher PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, November 17th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $9.50.
Kingfisher PLC (OTCMKTS KGFHY) opened at $8.72 on Wednesday. Kingfisher PLC has a 1-year low of $7.58 and a 1-year high of $9.76.
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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