Trade Report: Today, Deutsche Bank AG Reiterates Hold Rating for Kingfisher plc (KGF)

Today, Deutsche Bank AG Reiterates Hold Rating for Kingfisher plc (KGF)

Deutsche Bank AG reaffirmed their hold rating on shares of Kingfisher plc (LON:KGF) in a research report released on Monday morning. They currently have a GBX 370 ($4.62) target price on the home improvement retailer’s stock.

Several other research analysts have also recently issued reports on the stock. HSBC reiterated a hold rating and issued a GBX 380 ($4.75) price objective on shares of Kingfisher plc in a report on Thursday, November 17th. JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 280 ($3.50) price objective on shares of Kingfisher plc in a report on Tuesday, September 27th. Haitong Bank reissued a sell rating and set a GBX 260 ($3.25) target price (down from GBX 270 ($3.37)) on shares of Kingfisher plc in a research note on Tuesday, September 20th. Credit Suisse Group AG reissued an outperform rating and set a GBX 430 ($5.37) target price on shares of Kingfisher plc in a research note on Friday, September 30th. Finally, Royal Bank Of Canada reissued an underperform rating on shares of Kingfisher plc in a research note on Monday, August 1st. Ten research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 343.84 ($4.30).

Kingfisher plc (LON:KGF) opened at 358.30 on Monday. Kingfisher plc has a 12 month low of GBX 300.10 and a 12 month high of GBX 390.60. The company’s 50 day moving average price is GBX 363.57 and its 200 day moving average price is GBX 357.21. The firm’s market capitalization is GBX 8.14 billion.

The business also recently declared a dividend, which was paid on Friday, November 11th. Shareholders of record on Thursday, October 6th were given a GBX 3.25 ($0.04) dividend. The ex-dividend date was Thursday, October 6th. This represents a yield of 0.88%.

In other news, insider Karen Witts sold 12,652 shares of the firm’s stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of GBX 366 ($4.57), for a total transaction of £46,306.32 ($57,853.97).

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