Kingfisher plc (KGFHY) Receives $11.00 Average Target Price from Analysts
Shares of Kingfisher plc (NASDAQ:KGFHY) have been assigned an average rating of “Hold” from the eight research firms that are presently covering the company. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $11.00.
Several equities analysts recently weighed in on KGFHY shares. Goldman Sachs Group Inc. reaffirmed a “neutral” rating on shares of Kingfisher plc in a research report on Monday, June 27th. Zacks Investment Research raised shares of Kingfisher plc from a “sell” rating to a “hold” rating in a research report on Friday, August 19th. BNP Paribas cut shares of Kingfisher plc from an “outperform” rating to a “neutral” rating in a research report on Friday, September 9th. RBC Capital Markets reaffirmed an “underperform” rating on shares of Kingfisher plc in a research report on Monday, August 1st. Finally, Jefferies Group cut shares of Kingfisher plc from a “buy” rating to a “hold” rating in a research report on Tuesday, July 5th.
Shares of Kingfisher plc (NASDAQ:KGFHY) opened at 9.16 on Monday. The company has a market capitalization of $10.40 billion and a PE ratio of 19.83. Kingfisher plc has a 52 week low of $7.82 and a 52 week high of $11.36. The company has a 50 day moving average price of $9.72 and a 200 day moving average price of $9.85.
About Kingfisher plc
Kingfisher plc is engaged in the sale of home improvement products and services. The Company operates over 1,200 stores in 11 countries across Europe and China. The Company’s segments include UK & Ireland, France and Other International. The Other International segment consists of the operations in Poland, China, Germany, Portugal, Romania, Russia and Spain, and of its joint venture with Koc Group, Koctas, a Turkey-based home improvement retailer.
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