Kingfisher plc 14.8% Potential Upside Indicated by Credit Suisse

Broker Ratings

Kingfisher plc with EPIC/TICKER (LON:KGF) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Kingfisher plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.8% from the opening price of 252.6 GBX. Over the last 30 and 90 trading days the company share price has increased 29.5 points and increased 101.25 points respectively. The 52 week high for the share price is currently at 260.3 GBX while the 52 week low is 101 GBX.

Kingfisher plc has a 50 day moving average of 215.70 GBX and a 200 day moving average of 200.20. There are currently 2,110,130,155 shares in issue with the average daily volume traded being 11,317,080. Market capitalisation for LON:KGF is £5,353,621,661 GBP.

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