Kingfisher’s (KGF) Buy Rating Reiterated at Jefferies Financial Group
Jefferies Financial Group reaffirmed their buy rating on shares of Kingfisher (LON:KGF) in a research note released on Tuesday. They currently have a GBX 400 ($5.21) price target on the home improvement retailer’s stock.
Several other equities research analysts have also recently weighed in on the stock. Citigroup upgraded shares of Kingfisher to a neutral rating in a research report on Wednesday, July 25th. UBS Group cut their price objective on shares of Kingfisher from GBX 265 ($3.45) to GBX 260 ($3.39) and set a sell rating on the stock in a research report on Friday, August 17th. Royal Bank of Canada reiterated a sector performer rating and set a GBX 330 ($4.30) price objective on shares of Kingfisher in a research report on Thursday, August 16th. HSBC reiterated a buy rating on shares of Kingfisher in a research report on Monday, July 9th. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 385 ($5.01) price objective on shares of Kingfisher in a research report on Friday, May 18th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. Kingfisher has an average rating of Hold and a consensus price target of GBX 334.82 ($4.36).
Shares of KGF opened at GBX 262.70 ($3.42) on Tuesday. Kingfisher has a fifty-two week low of GBX 285.30 ($3.72) and a fifty-two week high of GBX 369.80 ($4.82).
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.
Recommended Story: Short Selling – Explanation For Shorting Stocks
Receive News & Ratings for Kingfisher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher and related companies with MarketBeat.com's FREE daily email newsletter.