Kingfisher (LON:KGF – Free Report) had its target price reduced by Berenberg Bank from GBX 333 to GBX 310 in a research note issued to investors on Wednesday morning, MarketBeat reports. They currently have a hold rating on the home improvement retailer’s stock.
A number of other brokerages also recently issued reports on KGF. Jefferies Financial Group boosted their price target on shares of Kingfisher from GBX 294 to GBX 303 and gave the stock a “hold” rating in a research report on Wednesday, November 26th. Peel Hunt reissued an “add” rating and set a GBX 320 target price on shares of Kingfisher in a research note on Tuesday, November 25th. Finally, Citigroup boosted their target price on shares of Kingfisher from GBX 300 to GBX 311 and gave the company a “neutral” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of GBX 306.88.
Check Out Our Latest Stock Report on Kingfisher
Kingfisher Trading Down 0.4%
Kingfisher (LON:KGF – Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The home improvement retailer reported GBX 23.80 EPS for the quarter. Kingfisher had a return on equity of 3.91% and a net margin of 1.89%. On average, equities research analysts forecast that Kingfisher will post 23.6949924 earnings per share for the current year.
Insider Activity at Kingfisher
In related news, insider Lucinda Riches acquired 15,000 shares of the stock in a transaction dated Monday, January 12th. The stock was bought at an average price of GBX 323 per share, for a total transaction of £48,450. 0.37% of the stock is currently owned by company insiders.
Key Kingfisher News
Here are the key news stories impacting Kingfisher this week:
- Positive Sentiment: Board renews a £300m buyback as profits improve, supporting shareholder returns and capital return expectations. Buyback Renewed
- Positive Sentiment: Company signals robust fiscal 2026 growth and says it is targeting further shareholder returns, which is shareholder-friendly and supportive of the share price over time. Shareholder Returns
- Positive Sentiment: Reported profit up ~6% with resilient UK performance — evidence of operational strength in its core market. Profit Up 6%
- Positive Sentiment: Quarterly EPS of GBX 23.80 was released alongside slides and a conference call — investors should review management commentary for guidance and margin outlook. Earnings & Call
- Positive Sentiment: Continued strategic focus on growing trade/customer channels could lift like-for-like sales and margins over time. Trade Focus
- Neutral Sentiment: Analysts note UK gains but say those don’t fully offset challenges overseas — mixed operational picture that could mute upside until international trends improve. Mixed Outlook
- Neutral Sentiment: UBS reaffirmed a “neutral” rating with a GBX 315 price target — suggests limited near-term upside from that house. UBS Rating
- Negative Sentiment: Berenberg cut its price target from GBX 333 to GBX 310 and moved to a “hold,” creating near-term selling pressure and weighing on sentiment. Berenberg Cut
Kingfisher Company Profile
Kingfisher plc is an international home improvement company with over 1,800 stores, supported by a team of c.73,000 colleagues. We operate in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.
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