Kingfisher plc (KGF) Trading Up 1.8%

Kingfisher plc (LON:KGF) was up 1.8% during mid-day trading on Friday . The stock traded as high as GBX 311 ($4.09) and last traded at GBX 309.30 ($4.07). Approximately 12,386,404 shares changed hands during trading, an increase of 25% from the average daily volume of 9,938,490 shares. The stock had previously closed at GBX 303.90 ($4.00).

Several equities research analysts have issued reports on KGF shares. Morgan Stanley upgraded shares of Kingfisher plc to an “overweight” rating and lifted their target price for the company from GBX 290 ($3.81) to GBX 380 ($5.00) in a research report on Wednesday, July 12th. HSBC Holdings plc reiterated a “buy” rating and set a GBX 440 ($5.78) target price on shares of Kingfisher plc in a research report on Friday, July 21st. J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 288 ($3.79) target price on shares of Kingfisher plc in a research report on Friday, October 6th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 410 ($5.39) target price on shares of Kingfisher plc in a research report on Friday, September 1st. Finally, Barclays PLC reiterated an “underweight” rating and set a GBX 300 ($3.94) target price on shares of Kingfisher plc in a research report on Friday, August 11th. Seven analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 321.86 ($4.23).

The business also recently declared a dividend, which will be paid on Friday, November 10th. Investors of record on Thursday, October 5th will be given a GBX 3.33 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 1.12%.

In related news, insider Andrew Cosslett purchased 99,802 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The stock was bought at an average cost of GBX 301 ($3.96) per share, for a total transaction of £300,404.02 ($394,956.64). Over the last 90 days, insiders purchased 99,953 shares of company stock valued at $30,085,376.

COPYRIGHT VIOLATION NOTICE: “Kingfisher plc (KGF) Trading Up 1.8%” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://www.tickerreport.com/banking-finance/2958122/kingfisher-plc-kgf-trading-up-1-8.html.

Kingfisher plc Company Profile

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.

Receive News & Ratings for Kingfisher plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.