Credit Suisse announced Kingfisher PLC (LON:KGF), reducing its target price to 415.00GBX today
- Updated: September 18, 2016
In a report released on 8/04/2016 Credit Suisse reduced the target price of Kingfisher PLC (LON:KGF) from 425GBX to 415GBX stating a possible upside of 0.24%.
Having a price of 335.00GBX, Kingfisher PLC (LON:KGF) traded 0.66% higher on the day. The last close is down 3.39% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Kingfisher PLC has registered a 50-day moving average of 361.53GBX and two hundred day moving average of 355.27GBX. 14,040,066 shares of KGF traded hands, up from ann avg. trading volume of 8,950,130
See Graph Below:
With a total market value of 0.0 GBX, Kingfisher PLC has a P/E of 21 with a 52 week low of 300.10GBX and a 52 week high of 382.70GBX.
Also covering Kingfisher PLC’s price target, a total of 19 firms have issued a ratings update on the company. The consensus target is 341.00GBX with three firms rating the company a strong buy, five firms rating the company a buy, six firms rating the stock a hold, seven firms rating the stock to underperform, and lastly one brokeragerating the company as sell.
General Company Details For Kingfisher PLC (LON:KGF)
Kingfisher plc is a home improvement company. The Company is engaged in the supply of home improvement products and services through a network of retail stores and other channels, located mainly in the United Kingdom and continental Europe. The Company’s segments include France, UK & Ireland, and Other International. The Other International segment consists of Poland, Spain, Portugal, Germany, Russia, Romania and the joint venture Koctas Yapi Marketleri Ticaret A.S. (Koctas) in Turkey. Its main retail brands include B&Q, Castorama, Brico Depot and Screwfix. B&Q operates over 330 stores and offers approximately 40, 000 products. Castorama’s stores provide over 50, 000 home and garden products in France, Poland and Russia. Castorama operates approximately 100 stores. Brico Depot offers customers a choice of over 10, 500 do it yourself (DIY) and renovation products. Screwfix is a supplier of trade tools, plumbing, electrical, and bathrooms and kitchen products.
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