Jefferies Group LLC Cuts Kingfisher plc (KGF) Price Target to GBX 325

Jefferies Group LLC Cuts Kingfisher plc (KGF) Price Target to GBX 325

Kingfisher plc (LON:KGF) had its price objective cut by Jefferies Group LLC from GBX 335 ($4.17) to GBX 325 ($4.05) in a research note issued to investors on Tuesday. They currently have a hold rating on the home improvement retailer’s stock.

Other equities analysts have also recently issued reports about the stock. J P Morgan Chase & Co reaffirmed an underweight rating and set a GBX 280 ($3.49) price target on shares of Kingfisher plc in a research note on Wednesday, November 23rd. HSBC Holdings plc reaffirmed a hold rating and set a GBX 380 ($4.73) price target on shares of Kingfisher plc in a research note on Thursday, November 17th. Investec raised their price target on shares of Kingfisher plc from GBX 265 ($3.30) to GBX 275 ($3.43) and gave the stock a sell rating in a research note on Tuesday, November 22nd. Haitong Bank reaffirmed a sell rating and set a GBX 270 ($3.36) price target on shares of Kingfisher plc in a research note on Friday, February 3rd. Finally, Credit Suisse Group reaffirmed an outperform rating and set a GBX 430 ($5.36) price target on shares of Kingfisher plc in a research note on Thursday, November 10th. Ten equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 341 ($4.25).

Kingfisher plc (LON:KGF) opened at 329.10 on Tuesday. Kingfisher plc has a 12 month low of GBX 269.60 and a 12 month high of GBX 390.60. The company’s market cap is GBX 7.47 billion. The company’s 50-day moving average is GBX 344.30 and its 200-day moving average is GBX 355.32.

Kingfisher plc Company Profile

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.

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