Kingfisher PLC (KGFHY) Upgraded at Jefferies Group LLC
Jefferies Group LLC upgraded shares of Kingfisher PLC (OTCMKTS:KGFHY) from a hold rating to a buy rating in a report released on Wednesday morning, The Fly reports. Jefferies Group also issued estimates for Kingfisher PLC’s FY2018 earnings at $0.70 EPS, FY2019 earnings at $0.74 EPS, FY2020 earnings at $0.84 EPS and FY2021 earnings at $0.95 EPS.
Other research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Kingfisher PLC from a hold rating to a buy rating and set a $9.00 price objective for the company in a research report on Tuesday, August 8th. Goldman Sachs Group Inc raised shares of Kingfisher PLC from a neutral rating to a buy rating in a report on Monday, October 30th. ValuEngine raised shares of Kingfisher PLC from a hold rating to a buy rating in a report on Friday, October 27th. Finally, Royal Bank Of Canada raised shares of Kingfisher PLC from an underperform rating to a sector perform rating in a report on Friday, November 17th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. Kingfisher PLC has an average rating of Hold and a consensus price target of $9.50.
Kingfisher PLC (OTCMKTS:KGFHY) opened at $8.55 on Wednesday. Kingfisher PLC has a 12-month low of $7.58 and a 12-month 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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