Breaking: Goldman Sachs Sticks With GBX 400.00 TP On Kingfisher (LON:KGF) Shares, Sticks With Their Original “Buy” Rating

Share

Kingfisher (LON:KGF) Rating Reaffirmed

Stock analysts at Goldman Sachs now has a GBX 400.00 TP on Kingfisher (LON:KGF). Goldman Sachs and their recent TP gives a potential upside of 13.38% from the company’s last stock price. The rating has been revealed to clients and investors in an analyst note on Thursday, 3 December.

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 -0.44% below today’s (GBX 352.98) 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.

The stock decreased 1.04% or GBX 3.72 on December 3, striking GBX 352.98. Approximately 9.92M shares of stock traded hands or 43.35% up from the average. Kingfisher plc (LON:KGF) has risen 0.65% since May 6, 2015 and is uptrending. It has outperformed by 0.94% the S&P500.

Breaking: Goldman Sachs Sticks With GBX 400.00 TP On Kingfisher (LON:KGF) Shares, Sticks With Their Original

Kingfisher plc is engaged in the sale of home improvement services and products. The company has a market cap of 8.07 billion GBP. The Firm operates over 1,200 stores in 11 countries across Europe and China. It has 13.79 P/E ratio. The Company’s divisions include UK & Ireland, France and Other International.

COMMENTS: