Kingfisher plc (KGF) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Kingfisher plc (LON:KGF) to a sector performer rating in a report published on Friday morning, Marketbeat.com reports. They currently have GBX 325 ($4.27) target price on the home improvement retailer’s stock, up from their prior target price of GBX 300 ($3.95).

A number of other equities research analysts also recently issued reports on KGF. reiterated a buy rating and issued a GBX 440 ($5.79) target price on shares of Kingfisher plc in a research report on Friday, July 21st. Barclays PLC reiterated an underweight rating and issued a GBX 300 ($3.95) target price on shares of Kingfisher plc in a research report on Friday, August 11th. Investec reiterated a sell rating and issued a GBX 268 ($3.52) target price on shares of Kingfisher plc in a research report on Thursday, August 17th. Beaufort Securities reiterated a hold rating on shares of Kingfisher plc in a research report on Friday, August 18th. Finally, Credit Suisse Group restated an outperform rating and set a GBX 410 ($5.39) price target on shares of Kingfisher plc in a report on Friday, September 1st. Six analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 324.71 ($4.27).

Kingfisher plc (LON:KGF) opened at GBX 304.40 ($4.00) on Friday. Kingfisher plc has a 1 year low of GBX 269.60 ($3.55) and a 1 year high of GBX 371.20 ($4.88).

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The company also recently announced a dividend, which was paid on Friday, November 10th. Investors of record on Thursday, October 5th were paid a GBX 3.33 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, October 5th. This represents a yield of 1.12%.

In other Kingfisher plc news, insider Veronique Laury sold 2,294 shares of the firm’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of GBX 303 ($3.99), for a total value of £6,950.82 ($9,142.21). Also, insider Andrew Cosslett purchased 99,802 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was bought at an average price of GBX 301 ($3.96) per share, for a total transaction of £300,404.02 ($395,112.48). Insiders acquired a total of 99,903 shares of company stock worth $30,070,427 over the last 90 days.

About Kingfisher plc

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.

Analyst Recommendations for Kingfisher plc (LON:KGF)

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