Kingfisher (OTCMKTS:KGFHY – Get Rating) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 270 ($3.26) to GBX 280 ($3.38) in a research note released on Tuesday, The Fly reports.
Several other equities analysts also recently issued reports on KGFHY. Societe Generale downgraded shares of Kingfisher from a hold rating to a sell rating in a report on Wednesday, August 3rd. Jefferies Financial Group downgraded shares of Kingfisher from a buy rating to a hold rating in a report on Tuesday, September 6th. UBS Group downgraded shares of Kingfisher from a neutral rating to a sell rating in a report on Friday, August 12th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Kingfisher from GBX 245 ($2.96) to GBX 220 ($2.66) in a report on Wednesday, September 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of Hold and a consensus price target of $291.67.
Get Kingfisher alerts:Kingfisher Stock Performance
KGFHY stock opened at $4.86 on Tuesday. The firm's fifty day moving average is $5.75 and its 200 day moving average is $6.20. Kingfisher has a one year low of $4.63 and a one year high of $9.69.
Kingfisher Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, November 17th. Stockholders of record on Friday, October 7th will be paid a $0.0745 dividend. This represents a dividend yield of 5.58%. The ex-dividend date of this dividend is Thursday, October 6th.Kingfisher Company Profile
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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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