Haitong Securities announced Kingfisher PLC (LON:KGF), hiking its stock price target to 260.00GBX earlier today
- Updated: September 19, 2016
Reporting a possible downside of -0.32%, Haitong Securities upped the price target of Kingfisher PLC (LON:KGF) to 260GBX.
Previously on 9/12/2016, Exane BNP Paribas released a statement about Kingfisher PLC(LON:KGF) upped the target price at 410.00GBX that suggested an upside of 0.12%.
Boasting a price of 384.65GBX, Kingfisher PLC (LON:KGF) traded 2.18% higher on the day. With the last stock price close up 8.23% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same time. The company has registered a 50-day moving average of 363.22GBX and two hundred day average of 355.65GBX. Trading volume was was down over the average, with 2,500,828 shares of KGF changing hands under the typical 9,159,450 shares.
Recent Performance Graphic:
Kingfisher PLC has a 52 week low of 300.10GBX and a 52 week high of 386.60GBX with a PE ratio of 22 and has a market capitalization of 0.0 GBX.
Also covering Kingfisher PLC’s price target, a total of 19 brokers have released a report on the company. The 12-month target price is 341.00GBX with three firms rating the stock a strong buy, five firms rating the company a buy, six analyts rating the stock a hold, seven analysts rating the company to underperform, and finally one firmrating the company as sell.
Brief Synopsis On 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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