Kingfisher (OTCMKTS:KGFHY) Rating Lowered to Sell at Societe Generale

Kingfisher (OTCMKTS:KGFHYGet Rating) was downgraded by Societe Generale from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, The Fly reports.

Separately, JPMorgan Chase & Co. lowered their target price on Kingfisher from GBX 255 ($3.12) to GBX 245 ($3.00) in a research note on Wednesday, May 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $310.00.

Kingfisher Price Performance

Shares of OTCMKTS KGFHY opened at $6.14 on Wednesday. Kingfisher has a 12 month low of $5.65 and a 12 month high of $10.41. The stock has a 50-day moving average price of $6.19 and a two-hundred day moving average price of $6.94.

Kingfisher Company Profile

(Get Rating)

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing and franchising, and IT services. It operates approximately 1,470 stores in eight countries across Europe under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koctas brands.

Read More

The Fly logo

Analyst Recommendations for Kingfisher (OTCMKTS:KGFHY)

Want More Great Investing Ideas?

Receive News & Ratings for Kingfisher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher and related companies with MarketBeat.com's FREE daily email newsletter.