Kingfisher plc (KGF) Receives GBX 317 Average Target Price from Analysts

Shares of Kingfisher plc (LON:KGF) have received an average recommendation of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 317 ($4.14).

KGF has been the subject of a number of research analyst reports. Royal Bank of Canada reaffirmed a “sector performer” rating and issued a GBX 330 ($4.31) price target on shares of Kingfisher in a research note on Thursday, August 16th. Deutsche Bank reduced their price target on shares of Kingfisher from GBX 315 ($4.12) to GBX 305 ($3.99) and set a “hold” rating for the company in a research note on Friday, August 17th. UBS Group reduced their price target on shares of Kingfisher from GBX 265 ($3.46) to GBX 260 ($3.40) and set a “sell” rating for the company in a research note on Friday, August 17th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 275 ($3.59) price target (down from GBX 302 ($3.95)) on shares of Kingfisher in a research note on Friday, August 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 400 ($5.23) price target on shares of Kingfisher in a research note on Tuesday, September 11th.

LON KGF opened at GBX 246.60 ($3.22) on Friday. Kingfisher has a 52 week low of GBX 285.30 ($3.73) and a 52 week high of GBX 369.80 ($4.83).

The business also recently declared a dividend, which was paid on Friday, November 9th. Stockholders of record on Thursday, October 4th were paid a GBX 3.33 ($0.04) dividend. This represents a dividend yield of 1.35%. The ex-dividend date was Thursday, October 4th.

About Kingfisher

Kingfisher plc, together with its subsidiaries, supplies DIY and home improvement products and services primarily in the United Kingdom and continental Europe. The company operates approximately 1,300 stores in 10 countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, and Koctas brands.

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Analyst Recommendations for Kingfisher (LON:KGF)

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