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JP Morgan Cazenove announced Kingfisher PLC (LON:KGF), keeping its stock price target at 288.00GBX today

Just yesterday Kingfisher PLC (LON:KGF) traded 1.91% higher at 308.20GBX. Kingfisher PLC’s 50-day moving average is 297.73GBX and its 200-day moving average is 312.98GBX. The last closing price is down -1.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 6,483,576 shares of KGF traded hands, down from an average trading volume of 9,938,490

In a report released on 06/08/2017 JP Morgan Cazenove hold steady the stock price target of Kingfisher PLC (LON:KGF) from 288.00GBX to 288.00GBX reporting a possible downside of -0.07%.

Previously on Wednesday June 07, 2017, HSBC reported on Kingfisher PLC (LON:KGF) held steady the target price at 440.00GBX. At the time, this indicated a possible upside of 0.39%.

Recent Performance Chart

Kingfisher PLC (LON:KGF)

Kingfisher PLC has 52 week low of 269.60GBX and a 52 week high of 371.20GBX with a PE ratio of 11.82 and has a market capitalization of 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is 341.00GBX with 3 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 6 brokers rating the stock a hold, 7 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On Kingfisher PLC (LON:KGF)

Kingfisher plc 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 brands include B&Q, Castorama, Brico Depot and Screwfix. B&Q is a garden center retailer. B&Q operates approximately 300 stores and offers over 40,000 products. Castorama's stores provide over 50,000 home and garden products in France, Poland and Russia. Castorama operates over 100 stores. Brico Depot offers customers a choice of over 10,500 do it yourself (DIY) and renovation products. Brico Depot operates approximately 120 stores. Screwfix is a supplier of trade tools, plumbing, electrical, bathrooms and kitchen products.

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