JP Morgan Cazenove Has Just Reaffirmed GBX 190.00 Target Price Per Share on Kingfisher PLC (LON:KGF) stock, While They’ve Also Reiterated Their “Underweight” Rating

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Kingfisher PLC (LON:KGF) Rating Reaffirmed

Recently, In a research note issued on 16 August, Kingfisher PLC (LON:KGF) shares have had their “Underweight” Rating reiterated by professional analysts at JP Morgan Cazenove, who currently has a GBX 190.00 target price per share on company. This target by JP Morgan Cazenove means the possibile downside of -2.31 % from the stock close price.

Kingfisher plc (LON:KGF) Ratings Coverage

Among 5 analysts covering Kingfisher PLC (LON:KGF), 1 have Buy rating, 3 Sell and 1 Hold. Therefore 20% are positive. Kingfisher PLC has GBX 320 highest and GBX 180 lowest target. GBX 225’s average target is 16.73% above currents GBX 192.75 stock price. Kingfisher PLC had 14 analyst reports since February 19, 2019 according to SRatingsIntel. RBC Capital Markets maintained the shares of KGF in report on Wednesday, April 17 with “Underperform” rating. HSBC downgraded Kingfisher plc (LON:KGF) rating on Tuesday, March 26. HSBC has “Reduce” rating and GBX 180 target. The firm has “Outperform” rating by Credit Suisse given on Thursday, March 21. RBC Capital Markets maintained the stock with “Underperform” rating in Monday, May 20 report. Credit Suisse maintained the shares of KGF in report on Tuesday, February 19 with “Outperform” rating. The stock of Kingfisher plc (LON:KGF) earned “Buy” rating by Jefferies on Tuesday, April 9. The firm earned “Neutral” rating on Tuesday, June 25 by Credit Suisse. The stock of Kingfisher plc (LON:KGF) earned “Underweight” rating by JP Morgan on Friday, August 16.

The stock increased 0.47% or GBX 0.9 during the last trading session, reaching GBX 192.75. About 1.34 million shares traded. Kingfisher plc (LON:KGF) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

Kingfisher plc, together with its subsidiaries, supplies home improvement services and products through a network of retail stores and other channels located primarily in the United Kingdom and continental Europe. The company has market cap of 3.99 billion GBP. The firm offers garden furnishing, exterior lighting, performance hand and power tools, heating and cooling systems, security and water treatment products, air treatment products, and communication products. It has a 18.9 P/E ratio. It also engages in the property investment, sourcing, finance, and IT services businesses.

More recent Kingfisher plc (LON:KGF) news were published by: Finance.Yahoo.com which released: “Could The Kingfisher plc (LON:KGF) Ownership Structure Tell Us Something Useful? – Yahoo Finance” on June 20, 2019. Also Finance.Yahoo.com published the news titled: “Have Insiders Been Buying Kingfisher plc (LON:KGF) Shares This Year? – Yahoo Finance” on July 24, 2019. Finance.Yahoo.com‘s news article titled: “What Should You Know About Kingfisher plc’s (LON:KGF) Earnings Outlook? – Yahoo Finance” with publication date: August 09, 2019 was also an interesting one.

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