TOday’s Movers: Kingfisher (LON:KGF) Stock Rating Has Been Maintained by Analysts at AlphaValue; GBX 377 Target Price Indicates 5.81% Potential

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Kingfisher (LON:KGF) Rating Reaffirmed

In an analyst research report sent to investors on Thursday morning, The Add rating of Kingfisher (LON:KGF) shares was has decided to restate by Analysts at AlphaValue, who now has a GBX 377 price target on the stock. AlphaValue’s price target would now indicate a possible upside of 5.81% from the last stock close price of the company.

From a total of 20 analysts covering Kingfisher PLC (LON:KGF) stock, 5 rate it a ”Buy”, 8 a “Sell”, and 9 a ”Hold”. This means that 23% of the ratings are positive. The highest target price is GBX 420 while the lowest target price is GBX 285. The mean of all analyst targets is GBX 356.65 with a -1.26% below today’s (GBX 355.9) stock price. Kingfisher PLC was the topic of 65 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 2 with “Underweight” rating. Nomura maintained shares with “Neutral” rating and GBX 340 target share price in a report from a November 25. RBC Capital Markets maintained KGF stock in a recent report from November 30 with “Underperform” rating. Morgan Stanley maintained the rating on November 24. Morgan Stanley has a “Underwt/Cautious” rating and a GBX 300 price target on shares. Finally, Societe Generale maintained the stock with “Sell” rating in a report issued on a November 25.

Approximately 1.21 million shares of stock traded hands. Kingfisher plc (LON:KGF) has risen 0.65% since May 6, 2015 and is uptrending. It has outperformed by 0.94% the S&P500.

TOday’s Movers: Kingfisher (LON:KGF) Stock Rating Has Been Maintained by Analysts at AlphaValue; GBX 377 Target Price Indicates 5.81% Potential

Kingfisher plc is engaged in the sale of home improvement services and products. The company has a market cap of 8.14 billion GBP. The Firm operates over 1,200 stores in 11 countries across Europe and China. It has 13.91 P/E ratio. The Company’s divisions include UK & Ireland, France and Other International.

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