ValuEngine Downgrades Kingfisher (KGFHY) to Hold

Kingfisher (OTCMKTS:KGFHY) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research upgraded shares of Kingfisher from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $11.00.

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Shares of Kingfisher (OTCMKTS KGFHY) opened at $8.51 on Friday. Kingfisher has a fifty-two week low of $7.58 and a fifty-two week high of $10.41.

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About Kingfisher

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.

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