Kingfisher’s “Outperform” Rating Reaffirmed at Credit Suisse (KGF)
Kingfisher (LON: KGF)‘s stock had its “outperform” rating reaffirmed by research analysts at Credit Suisse in a report released on Thursday. They currently have a $4.88 (320 GBX) target price on the stock.
Shares of Kingfisher opened at 275.60 on Thursday. Kingfisher has a 52 week low of GBX 252.00 and a 52 week high of GBX 317.00. The stock’s 50-day moving average is currently GBX 276.. The company’s market cap is £6.427 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Kingfisher in a research note to investors on Monday. They now have a $5.12 price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Kingfisher in a research note to investors on Wednesday, February 6th. They now have a $5.56 price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Kingfisher in a research note to investors on Thursday, January 31st. They now have a $4.26 price target on the stock.
Kingfisher plc is a home improvement retailer. The Company, through its subsidiaries, joint ventures and associates supply home improvement products and services through a network of retail stores and other channels, located in the United Kingdom, continental Europe and China.
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