Royal Bank Of Canada upgraded shares of Kingfisher PLC (OTCMKTS:KGFHY) from an underperform rating to a sector perform rating in a report issued on Friday, MarketBeat Ratings reports.

A number of other brokerages also recently commented on KGFHY. Zacks Investment Research raised Kingfisher PLC from a hold rating to a buy rating and set a $9.00 price target for the company in a research report on Tuesday, August 8th. Goldman Sachs Group, Inc. (The) raised Kingfisher PLC from a neutral rating to a buy rating in a research report on Monday, October 30th. Finally, ValuEngine raised Kingfisher PLC from a hold rating to a buy rating in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The company has an average rating of Hold and an average target price of $9.50.

Shares of Kingfisher PLC (KGFHY) opened at $8.24 on Friday. Kingfisher PLC has a 52-week low of $7.58 and a 52-week high of $9.76.

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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.

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