Kingfisher plc (KGFHY) Receives Average Rating of “Hold” from Analysts
Kingfisher plc (OTCMKTS:KGFHY) has been assigned an average rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company.
Several analysts have commented on KGFHY shares. Zacks Investment Research upgraded shares of Kingfisher from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Tuesday, January 16th. ValuEngine upgraded shares of Kingfisher from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Goldman Sachs Group upgraded shares of Kingfisher from a “neutral” rating to a “buy” rating in a report on Monday, October 30th. Jefferies Group upgraded shares of Kingfisher from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd. Finally, Royal Bank of Canada upgraded shares of Kingfisher from an “underperform” rating to a “sector perform” rating in a report on Friday, November 17th.
Shares of Kingfisher (KGFHY) opened at $9.83 on Wednesday. Kingfisher has a 1-year low of $7.58 and a 1-year high of $10.28.
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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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