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Kingfisher plc 13.8% Potential Upside Indicated by Credit Suisse

Kingfisher plc using EPIC/TICKER code (LON:KGF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 410 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.8% from today’s opening price of 360.3 GBX. Over the last 30 and 90 trading days the company share price has increased 15 points and increased 57.3 points respectively. The 1 year high for the share price is 369.8 GBX while the 52 week low is 285.3 GBX.

Kingfisher plc has a 50 day moving average of 345.92 GBX and a 200 day moving average of 320.62. There are currently 2,160,759,053 shares in issue with the average daily volume traded being 7,913,023. Market capitalisation for LON:KGF is £7,871,644,966 GBP.