Breaking: Kingfisher PLC (LON:KGF) Hold Rating Reaffirmed by Analysts at Numis Today; The Target Price per Share Given is GBX 355.00

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Kingfisher PLC (LON:KGF) Rating Reaffirmed

They currently have a GBX 355.00 target PPS on Kingfisher PLC (LON:KGF). The target price by Numis would suggest a potential upside of 5.65% from the company’s last stock price. This has been disclosed in analysts note on 9 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 356.4 with a 5.20% above today’s (GBX 333.9) stock price. Kingfisher PLC was the topic of 70 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 7 with “Underperform” rating. JP Morgan maintained shares with “Underweight” rating and GBX 320 target share price in a report from a December 2. Bernstein maintained KGF stock in a recent report from December 4 with “Outperform” rating. Barclays Capital maintained the rating on December 1. Barclays Capital has a “Underweight” rating and a GBX 285 price target on shares. Finally, AlphaValue maintained the stock with “Add” rating in a report issued on a December 3.

Approximately 7.89M shares of stock traded hands or 15.69% up from the average. Kingfisher plc (LON:KGF) has declined 5.01% since May 12, 2015 and is downtrending. It has underperformed by 4.21% the S&P500.

Breaking: Kingfisher PLC (LON:KGF) Hold Rating Reaffirmed by Analysts at Numis Today; The Target Price per Share Given is GBX 355.00

Kingfisher plc is engaged in the sale of home improvement services and products. The company has a market cap of 7.69 billion GBP. The Firm operates over 1,200 stores in 11 countries across Europe and China. It has 13.05 P/E ratio. The Company’s divisions include UK & Ireland, France and Other International.

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