Kingfisher plc (OTCMKTS:KGFHY) Given Average Rating of “Hold” by Brokerages

Kingfisher plc (OTCMKTS:KGFHYGet Rating) has received an average rating of “Hold” from the eleven brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $315.00.

A number of analysts have weighed in on KGFHY shares. JPMorgan Chase & Co. lowered their target price on Kingfisher from GBX 313 ($3.99) to GBX 255 ($3.25) in a report on Wednesday, March 23rd. Deutsche Bank Aktiengesellschaft raised Kingfisher from a “hold” rating to a “buy” rating in a research report on Monday, April 4th. Credit Suisse Group cut their target price on Kingfisher from GBX 425 ($5.42) to GBX 375 ($4.78) in a research report on Tuesday, March 22nd. Societe Generale downgraded Kingfisher from a “hold” rating to a “sell” rating in a research report on Wednesday, February 23rd. Finally, Zacks Investment Research raised Kingfisher from a “sell” rating to a “hold” rating in a research report on Thursday.

Kingfisher stock opened at $6.26 on Friday. The business has a fifty day moving average of $7.07 and a two-hundred day moving average of $8.33. Kingfisher has a twelve month low of $6.17 and a twelve month high of $10.76.

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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Analyst Recommendations for Kingfisher (OTCMKTS:KGFHY)

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