Kingfisher plc (LON:KGF) fell 0% on Monday . The stock traded as low as GBX 333.20 ($4.48) and last traded at GBX 333.70 ($4.49). 5,822,006 shares traded hands during trading, a decline of 48% from the average session volume of 11,250,000 shares. The stock had previously closed at GBX 333.70 ($4.49).

Several equities research analysts have commented on KGF shares. Barclays restated an “underweight” rating and issued a GBX 290 ($3.90) price target on shares of Kingfisher in a research note on Thursday, August 31st. Numis Securities restated a “hold” rating and set a GBX 325 ($4.37) target price on shares of Kingfisher in a report on Thursday, September 21st. Goldman Sachs Group raised their price objective on shares of Kingfisher from GBX 325 ($4.37) to GBX 330 ($4.44) and gave the stock a “neutral” rating in a research note on Thursday, September 21st. Beaufort Securities reiterated a “hold” rating on shares of Kingfisher in a research report on Thursday, September 21st. Finally, J P Morgan Chase & Co reiterated an “underweight” rating and issued a GBX 288 ($3.88) target price on shares of Kingfisher in a research report on Thursday, September 21st. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. Kingfisher currently has a consensus rating of “Hold” and an average price target of GBX 331.14 ($4.46).

In other Kingfisher news, insider Veronique Laury sold 2,294 shares of the company’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of GBX 303 ($4.08), for a total transaction of £6,950.82 ($9,355.07). Also, insider Andrew Cosslett acquired 99,802 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The stock was bought at an average cost of GBX 301 ($4.05) per share, for a total transaction of £300,404.02 ($404,312.27). Insiders bought 99,949 shares of company stock valued at $30,085,653 in the last quarter.

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Kingfisher 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.

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