Kingfisher (OTCMKTS:KGFHY – Get Rating) had its target price upped by Deutsche Bank Aktiengesellschaft from GBX 270 ($3.26) to GBX 280 ($3.38) in a report released on Tuesday morning, The Fly reports.
Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group cut Kingfisher from a buy rating to a hold rating in a report on Tuesday, September 6th. JPMorgan Chase & Co. decreased their target price on Kingfisher from GBX 245 ($2.96) to GBX 220 ($2.66) in a research report on Wednesday, September 7th. Societe Generale downgraded Kingfisher from a hold rating to a sell rating in a report on Wednesday, August 3rd. Finally, UBS Group downgraded Kingfisher from a neutral rating to a sell rating in a report on Friday, August 12th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $291.67.
Get Kingfisher alerts:Kingfisher Trading Down 2.5 %
OTCMKTS:KGFHY opened at $4.76 on Tuesday. Kingfisher has a 12-month low of $4.63 and a 12-month high of $9.69. The stock has a 50-day moving average price of $5.79 and a 200 day moving average price of $6.22.
Kingfisher Company Profile
(Get Rating)Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing and franchising, and IT services. It operates approximately 1,470 stores in eight countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koctas brands.
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